Wake North Carolina Disclaimer and Quitclaim of Leasehold Interest

State:
Multi-State
County:
Wake
Control #:
US-OG-594
Format:
Word; 
Rich Text
Instant download

Description

This is a form of Disclaimer and Quit Claim of Leasehold Interest.

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FAQ

An Arizona quit claim deed is used to transfer property from one person (grantor) to another (grantee) without any warranty as to whether the title is clear. In other words, the person transferring the property is not making any warranties against other claims to the property from others.

The fundamental purpose of a disclaimer is to limit an aspect of a contract or legal rights or liabilities that a consumer, client or customer might otherwise have unless you specifically disclaim out of it.

Transitive verb. 1 : to renounce a legal claim to. 2 : deny, disavow disclaimed any knowledge of the contents of the letter.

A North Carolina quit claim deed is a legal form used to convey real estate in North Carolina from one person to another. A quitclaim, unlike a warranty deed, does not come with a guarantee from the seller, or grantor, as to whether the grantor has clear title to the property or has the authority to sell the property.

(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property.

The disclaimer deed is a legal document that has legal consequences. Further, the disclaimer deed will clearly state that the spouse signing it is waiving (disclaiming) any interest in the house being purchased.

What is a disclaimer? Disclaimers are used to provide a warning to people visiting a premises or partaking in certain activities. They are designed to make sure that people are made aware of foreseeable risks of injury, or where responsibility will rest if items are lost, broken or stolen.

The quitclaim deed would transfer title from the community or joint property to separate property. A quitclaim deed is legally binding. The transferring spouse eliminates his rights to the property after signing it.

A legal disclaimer is a statement intended to protect the services, information, and property (both physical and intellectual) of your business or organization. It limits the legal liability of the entity presenting the disclaimer and also protects the entity's legal rights in its work.

A disclaimer deed is a deed in which a spouse disclaims any interest in the real property acquired by the other spouse. A mortgage company often asks a borrower to sign a disclaimer deed so that his spouse not having her name on the loan, cannot claim any interest in the property.

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Wake North Carolina Disclaimer and Quitclaim of Leasehold Interest