Tennessee Disclaimer and Quitclaim of Leasehold Interest

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Multi-State
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US-OG-594
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This is a form of Disclaimer and Quit Claim of Leasehold Interest.

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FAQ

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. There are no warranties or promises regarding the quality of the title.

Quit Claim Deed A conveyance by which the grantor transfers whatever interest he or she has in the real estate, without warranties or obligations.

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.

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.

Involuntary Alienation. Real estate can also be transferred by what is called involuntary alienation, which is a transfer of property without owner consent. This can happen when a person dies intestate (without a valid will), causing the courts to determine who receives the property.

A quitclaim deed releases a person's interest in a property without stating the nature of the person's interest or rights, and with no warranties of that person's interest or rights in the property.

Laws & Requirements Signing Requirements § 66-24-101: A Tennessee quitclaim deed requires a written and signed grantor agreement. It must also include either two witnesses or acknowledgment by a notary or officials, especially when transferring property between unrelated parties.

Quitclaim Deed This type of deed conveys whatever interest the grantor currently has in the property?if any. No warranties or promises regarding the quality of the title are made. If the grantor has a good title, the quitclaim deed is essentially as effective as a general warranty deed.

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Tennessee Disclaimer and Quitclaim of Leasehold Interest