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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.
Recording Requirements § 11.001: You need to record the completed and notarized quitclaim deed form.
Synonyms of quitclaim (noun abdication) abandonment. abjuration. abnegation. abstention.
If you're the spouse receiving the property, once you remove your ex's name and the property is transferred to you by quitclaim deed, you own all of it. You should review your prior deeds or have an attorney review them for you to help ensure there are no defects in the title.
A quit claim deed form must include the following information: the name, address, and signature of the grantor (the person transferring the property); the name, address, and signature of the grantee (the person receiving the property); a description of the property being transferred; the consideration (monetary value) ...
?Quitclaim.? Merriam-Webster.com Dictionary, Merriam-Webster, .
NounLaw. a transfer of all one's interest, as in a parcel of real estate, especially without a warranty of title.
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.