Easy Questions  
Free Legal Documents

Definition of a Quit Claim Deed in Adena, OH

Definition of a Quit Claim Deed in Adena, OH


There have been few things in my life which have had a more genial effect on my mind than the possession of a piece of land.
 
- Harriet Martineau


A quitclaim deed is used to transfer real property from the grantor to the new recipient owner, called the grantee. The grantor will terminate any rights to claim the property using a quitclaim deed, thus allowing all rights to be transferred to the recipient/grantee.


Unlike other property deeds, a quitclaim deed contains no title covenant. It cannot offer warranty to the grantee as to the status of the property title. At the time of transfer, the grantee is entitled only to the interest the grantor possesses at that time. It means that the grantor cannot guarantee that the title of the property is free and clear at the time of transfer. It is limited to the property interest owned by the grantor at the time of the transfer, if any. Since the quit claim has no warranty and has no legal course to recover and any losses, it is possible that the grantee will receive no actual interest.

Since the grantee can only receive the interest that the grantor held at the time of transfer, should the grantor acquire the property at a later date, the grantee will not be entitled to take possession of the property. Many other types of deeds that are used for real estate sales have warranties attached to them signifying that the grantor ensures to the grantee that the title is clear or the title does not contain any encumbrance.


In divorce case, when a spouse terminates interest in the joint marital house, the quit claim deed can be used to grant the receiving spouse full rights to the property. Conversely, if a couple gets married, a quit claim deed is an inexpensive way to add the new spouse to a title, without the expense of a title search. This is an inexpensive way to transfer a property to another person quickly by executing. When this is done, the person who executes the deed eliminates his or her interest in the property by transferring the full claim to the other person.


Other uses of a quit claim deed are for tax deed sales or sheriff's deed. This is done when the property is sold in public auction to recover the outstanding tax debt of the original owner of the property. The auction is usually done by the local government that has no claims or interest in the property, only the collection of unpaid taxes, so they typically do not extend warranty to the property title. In this situation, it may be advisable for a buyer to invest in a title action to remove any clouds to the title.

Quit claim deeds are prohibited by many jurisdictions for use as collateral for a bail bond.

 
Edit, Download, & Print a Free
Ohio Last Will
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Edit, Download, & Print a Free
Ohio Living Will
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
 
Edit, Download, & Print a Free
Ohio Power of Attorney
Page 1
Page 2
Page 3
Page 4
Page 5
Related Legal Services near Adena, OH
Fleshman Gary A
65 N Paint St
Chillicothe, OH 45601
(740) 773-9982
Social Security & Disability Law Attorneys,  Attorneys,  Legal Service Plans,  Bankruptcy Law Attorn
Moorehead Law
58 N 5th St
Zanesville, OH 43701
(740) 452-9960
Bankruptcy Law Attorneys, Attorneys, Real Estate Attorneys
Farley K. Banks
311 E Market St Ste 201
Lima, OH 45801
(419) 222-9933
Attorneys,  Legal Service Plans,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce Attorneys,
Laslo Tracey
325 E Main St
Alliance, OH 44601
(330) 823-9757
Attorneys,  Accident & Property Damage Attorneys,  Corporation & Partnership Law Attorneys,  Domesti
Jacobs Law Office
558 W Spring St
Lima, OH 45801
(877) 912-9720
Attorneys, Commercial Law Attorneys
Nyers Athena
119 N West St # 102A
Lima, OH 45801
(419) 999-9412
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Accident & Property Damage Attorneys,  D
Nyers Athena
119 N West St # 102
Lima, OH 45801
(419) 999-9412
Mon-Fri 8:30am-5pm, Appointments Available
Barkan Irwin W
2808 Maple Ave
Zanesville, OH 43701
(740) 452-9381
Attorneys
Dodd Robert J Jr CO LPA
2808 Maple Ave
Zanesville, OH 43701
(740) 452-9381
Employee Benefits & Worker Compensation Attorneys,  Attorneys,  Employment Opportunities,  Attorneys
Vinsel Jay
44 S 6th St # 1
Zanesville, OH 43701
(740) 455-9377
Wills, Trusts & Estate Planning Attorneys, Attorneys, Legal Service Plans
La Asmar Ronald G
27 N 5th St
Zanesville, OH 43701
(740) 452-9358
Probate Law Attorneys, Attorneys, Legal Service Plans
Goodin Law Ltd
121 W High St # 1104
Lima, OH 45801
(419) 991-9332
Attorneys, Legal Service Plans
Fox Law Office
233 Main St
Zanesville, OH 43701
(740) 452-9311
Attorneys,  Family Law Attorneys,  Accident & Property Damage Attorneys,  Wills, Trusts & Estate Pl
Allen & Baughman
2370 Greenhouse Rd
Zanesville, OH 43701
(740) 450-9301
Attorneys, General Practice Attorneys, Legal Service Plans
Rth Processing
121 W High St
Lima, OH 45801
(419) 879-9273
General Practice Attorneys, Attorneys
Cultice Law Firm
58 N 5th St
Zanesville, OH 43701
(740) 588-9151
Attorneys, Criminal Law Attorneys, Family Law Attorneys, General Practice Attorneys
Clunk Dennis R
2040 S Union Ave
Alliance, OH 44601
(330) 823-9143
Attorneys, Wills, Trusts & Estate Planning Attorneys, Real Estate Attorneys, Estate Planning Attorne
Bruce Comly French Attorney
200 W North St Ste B
Lima, OH 45801
(419) 222-9134
Attorneys, General Practice Attorneys
Complete Recovery Services LLC
P.O. Box 93483
Cleveland, OH 44101
(216) 357-9098
Legal Document Assistance, Attorneys Support & Service Bureaus, Collection Law Attorneys, Credit & D
Lamb Joyce A
1610 S Union Ave
Alliance, OH 44601
(330) 823-9080
Attorneys, Family Law Attorneys, Corporation & Partnership Law Attorneys, Legal Service Plans, Emplo
Morris John D
1610 S Union Ave
Alliance, OH 44601
(330) 823-9080
Attorneys, Legal Service Plans
Baker Adam
8 N Court St # 212
Athens, OH 45701
(740) 592-9043
Attorneys,  Bankruptcy Services,  Legal Service Plans,  Bankruptcy Law Attorneys
Wisecup Michael Atty
111 W 2nd Ave
Columbus, OH 43201
(614) 299-9012
General Practice Attorneys, Attorneys, Legal Service Plans
Robert Hoglund Law Office
1781 W County Road B
Cleveland, OH 44101
(216) 298-9011
General Practice Attorneys, Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US