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Contract for Deed. - After, a contract for deed has been signed by the parties, the vendor retains the legal title to the land until the vendee has fully performed the terms of the contract. However, the law regards the vendee, as the owner of the property for most purposes, since the vendee ordinarily gets the.
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.
Synonyms of quitclaim (noun abdication) abandonment. abjuration. abnegation. abstention.
A North Dakota general warranty deed is a deed used to transfer property from one person to another in North Dakota. The person selling is called the grantor while the person buying is called the grantee.
?Quitclaim.? Merriam-Webster.com Dictionary, Merriam-Webster, .
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.
NounLaw. a transfer of all one's interest, as in a parcel of real estate, especially without a warranty of title.
Laws & Requirements Signing Requirements § 47-19-03: A grantor must sign a quitclaim deed in North Dakota before a notary public and have it notarized. Recording Requirements § 47-19-07: A quitclaim deed in North Dakota is filed with the County Recorder's Office in the county where the property is located.