Warranty Deed Delete Checkmark For Free

3 Disadvantages of Quitclaim DeedsNo guarantees to the new owner: Unlike a warranty deed, a quitclaim deed does not guarantee that a property is free from title defects such as tax liens or title claims from third parties.

Be sure of your intent before executing a quitclaim deed, as the only way to revoke one is to create another to take its place.To revoke the original quitclaim deed, you need the cooperation of the current grantor. A grantee cannot initiate and execute a new quitclaim deed on her own.

Technically, no. Unless there is an existing mortgage in place, it is possible to remove a name from a title deed yourself without the help of a solicitor.

A deed of gift once executed and registered cannot be revoked, unless the mandatory requirement of Section 126 of Transfer of Property Act, 1882 is fulfilled.

If you're in the market to buy a new house, understand that a quitclaim deed can expose you to all kinds of legal issues, ownership disputes and other headaches. By far the biggest downsides to this type of deed include: No protection from title defects. No guarantee of the grantor's right to sell.

The best way to correct a mistake in a quitclaim deed is to file a new one. When you file the new quitclaim deed containing the corrected information with the appropriate recording office, it becomes the official deed of record.

If you draw up a valid quit claim deed and record it, you cannot "reverse" the transfer of property interest unless you prove to a court that it resulted from fraud or other illegal influence.