Easy Questions  
Free Legal Documents

Definition of a Quit Claim Deed in Barberville, FL

Definition of a Quit Claim Deed in Barberville, FL


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
Florida 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
Florida Living Will
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
 
Edit, Download, & Print a Free
Florida Power of Attorney
Page 1
Page 2
Page 3
Page 4
Page 5
Related Legal Services near Barberville, FL
Whitney G Krause PA
1726 E 7th Ave
Tampa, FL 33605
(813) 514-9933
Attorneys
Johnson, Sharon B
1616-203 Jork Rd
Jacksonville, FL 32205
(904) 306-9926
Family Law Attorneys, Attorneys
Forensic Mortgage Audits
5061 Kensington High St
Naples, FL 34105
(239) 404-9900
Arbitration & Mediation Attorneys
Amerilawyer
2516 Chaucer Cir
Panama City, FL 32405
(850) 913-9797
Corporation & Partnership Law Attorneys, Attorneys
Nelson Mark
2816 Manatee Ave W
Bradenton, FL 34205
(941) 750-9760
Construction Law Attorneys, Attorneys, Wills, Trusts & Estate Planning Attorneys
Ozark Damian M
2816 Manatee Ave W
Bradenton, FL 34205
(941) 750-9760
Attorneys, Corporation & Partnership Law Attorneys, Commercial Law Attorneys, Legal Service Plans
Perron Andre
2816 Manatee Ave W
Bradenton, FL 34205
(941) 750-9760
Corporation & Partnership Law Attorneys, Attorneys, Business Law Attorneys
Lisa M Orga PA
408 30th Street West
Bradenton, FL 34205
(941) 896-9711
Criminal Law Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Immigration Law Attorneys,  Soci
Cox & Associates PA
1247 1st Ave N
Saint Petersburg, FL 33705
(727) 897-9495
Accident & Property Damage Attorneys, Attorneys, Legal Service Plans
Brooks Law Group Pa
2002 E 5th Ave
Tampa, FL 33605
(813) 242-9200
Attorneys,  Personal Injury Law Attorneys,  Accident & Property Damage Attorneys,  Legal Service Pla
Aye Law Firm
1710 N 19th St # 201
Tampa, FL 33605
(813) 254-9191
Criminal Law Attorneys, Attorneys, Legal Service Plans
Dean Mead & Bovay
901 NW 57th St
Gainesville, FL 32605
(352) 331-9092
Wills, Trusts & Estate Planning Attorneys,  Attorneys,  Tax Attorneys,  Family Law Attorneys
Barrett Sharon
821 16th St N
Saint Petersburg, FL 33705
(727) 897-9053
Social Security & Disability Law Attorneys, Attorneys, Legal Service Plans
Spira Beadle & McGarrell PA
5205 Babcock St NE
Palm Bay, FL 32905
(321) 837-9013
Corporation & Partnership Law Attorneys,  Attorneys,  Family Law Attorneys,  Wills, Trusts & Estate
Kenneth J Draper
2961 Selma St
Jacksonville, FL 32205
(904) 389-8989
Attorneys
Ron Mulchi
100 S Tampa Ave # 2670
Orlando, FL 32805
(407) 843-8909
Tax Attorneys, Attorneys, Legal Service Plans
Mattice Ralph J
1023 Manatee Ave W
Bradenton, FL 34205
(941) 747-8890
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Personal Injury Law
Mattice Ralph J PA
1023 Manatee Ave W
Bradenton, FL 34205
(941) 747-8890
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  General Practice Attorneys,  Drug Charge
Simons & Spatz PA
750 S Orange Blossom Trl
Orlando, FL 32805
(407) 423-8804
Family Law Attorneys, Attorneys, Divorce Assistance
Colleen M Glenn
520 12th St W
Bradenton, FL 34205
(941) 746-8800
Criminal Law Attorneys, Attorneys, General Practice Attorneys
Reid & Agee
3633 26th St W
Bradenton, FL 34205
(941) 756-8791
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Business Law Attorneys,  Real Estate Attorney
Conley Roger P
2401 Manatee Ave W
Bradenton, FL 34205
(941) 748-8778
Attorneys, Probate Law Attorneys, Wills, Trusts & Estate Planning Attorneys, Corporation & Partnersh
Immigration Law Services
1704 9th St W
Bradenton, FL 34205
(941) 328-8724
Immigration Law Attorneys, Attorneys
Matthews D Turner
1720 Manatee Ave W
Bradenton, FL 34205
(941) 794-8722
Bankruptcy Law Attorneys, Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US