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Finally, the quitclaim deed is a deed that makes no warranties that the property has clean title. Essentially, it conveys only whatever interest the seller/grantor currently has in the property, if any, and makes no assurances as to good title.
Laws & Requirements Recording Requirements § 39-1-2: The quitclaim deed is to be recorded with the county clerk where the property is located, and a recording fee of $30 must be paid. Transfer Tax: Yes: $1.10 for each $500 of the property's value.
The answer is deed. Deeds are used to convey any interest in real property. A deed of trust and mortgage create a lien interest but do not convey title. A bill of sale conveys personal property.
A quitclaim deed is a deed by which a grantor transfers only the interest the grantor has at the time the conveyance is executed.
A quitclaim deed is a deed by which a grantor transfers only the interest the grantor has at the time the conveyance is executed. There are no implied warranties in connection with a quitclaim deed.
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.
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.