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NounLaw. a transfer of all one's interest, as in a parcel of real estate, especially without a warranty of title.
Statute: Arkansas Code § 18-12-209. Signing Requirements: Arkansas Code § 18-12-104: Arkansas quitclaim deeds require the grantor to sign in front of a notary public and two (2) disinterested witnesses with no claim in the transaction.
Generally, a quitclaim is a formal renunciation of a legal claim against some other person, or of a right to land. A person who quitclaims renounces or relinquishes a claim to some legal right, or transfers a legal interest in land.
A quitclaim is an act of giving up your ownership of a property and transferring it to another person. If your grandmother signs her house over to your dad, that's a quitclaim.
Synonyms of quitclaim (noun abdication) abandonment. abjuration. abnegation. abstention.
When transferring property, a seller (often called the grantor), writes out a deed, transferring property to the buyer (often called the grantee). The deed is then recorded with the recorder in the county in which the property is located.
This deed must be signed, notarized, and recorded in the county where the property is located. Some counties have more than one recording office, so you need to be sure this deed is being recorded in the correct recording office. Must list the name and address of the person who prepared this deed.
?Quitclaim.? Merriam-Webster.com Dictionary, Merriam-Webster, .