California Sample Letter regarding Form Contract for Quitclaim Deed
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How to fill out Sample Letter Regarding Form Contract For Quitclaim Deed?
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FAQ
Quitclaim deeds are valid and commonly used in California. Title insurers in a few states?including Texas?disfavor quitclaim deeds. In those other states, a deed without warranty (also called a no warranty deed) often substitutes for a quitclaim deed.
A quitclaim allows a person to transfer property to another person with a simple deed. The basic idea is that all the rights and claims of being a property owner are relinquished and legally turned over to someone else.
Once a quitclaim deed has been signed, delivered, and recorded with the appropriate county recorder's office, it typically cannot be reversed or ?undone? by the grantor (the person who transferred their property interest).
Quitclaim deeds in California A quitclaim deed, unlike a warranty deed, doesn't provide any guarantees that the grantor actually owns the property free and clear. The grantor can only give you what he owns, so if he owns half of the property, he can only convey his half.
It's usually a very straightforward transaction, but it's possible for a quitclaim deed to be challenged. If a quitclaim deed is challenged in court, the issue becomes whether the property was legally transferred and if the grantor had the legal right to transfer the property.
A quitclaim deed does not expire because it permanently transfers ownership from one party to another. That being said, the new deed must be filed with the county clerk's office to record the official transfer.
