Maryland Disclaimer and Quitclaim of Leasehold Interest
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How to fill out Disclaimer And Quitclaim Of Leasehold Interest?
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FAQ
This is the type of deed that is most common in Maryland. Quitclaim deeds are generally used when transferring homes between family members. Unfortunately, quitclaim deeds may be filed in local courts' land records without ample documentation or research to confirm their authenticity.
If you wish to change your name or remove a name on your property record, due to marriage, divorce, death of an owner, etc., a new deed must be filed with the local Land Records office where the property is located. You can not change a deed to a property through the Assessment office.
To take someone's name off a deed, a new deed must be prepared to transfer the property from all of the current owners to all of the remaining owners.
Quitclaim deeds must be accompanied by a completed intake sheet when submitting for recordation (Md. Code, Real Prop. 3-104). Other required documents may include an affidavit of residency, and/or Maryland Form MW 506 NRS for non-resident sale of property.
Also called a non-warranty deed, a quitclaim deed conveys whatever interest the grantor currently has in the property if any. The grantor only "remises, releases, and quitclaims" their interest in the property to the grantee.
If the grantor and grantee are family and share ownership of a home or piece of land, the grantor can use a quitclaim deed to release their title, rights, and interests. This deed type may not be appropriate for other property transfers, such as putting your house on the market or making any other real estate deal.
