12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Definition of a Quit Claim Deed in Challenge, CA

Definition of a Quit Claim Deed in Challenge, CA


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.

 
Personalize & Print a Free CA Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free CA Living Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Related Legal Services near Challenge, CA
Bruno Louis G
135 W Mission Ave
Escondido, CA 92025
(760) 746-9973
Attorneys, Legal Service Plans
The Ison Law Group
2443 Fair Oaks Blvd. #508
Sacramento, CA 95825
(916) 204-9950
Employment Discrimination Attorneys, Private Investigators & Detectives, Training Consultants
Anderson & Johnson LLP
855 Howe Ave Ste. 6
Sacramento, CA 95825
(916) 922-9902
Attorneys,  Accident & Property Damage Attorneys,  Personal Injury Law Attorneys,  Employee Benefits
Gallagher Group Legal Phtcpy
2619 La Mesa Way
Sacramento, CA 95825
(916) 488-9895
Attorneys Support & Service Bureaus, Attorneys, Legal Service Plans
Panneton Law Corporation
845 University Ave
Sacramento, CA 95825
(916) 921-9890
General Practice Attorneys, Attorneys, Legal Service Plans
Martin Rayl
60 Mansion Ct
Menlo Park, CA 94025
(650) 233-9849
Accident & Property Damage Attorneys, Attorneys, Legal Service Plans
Mojaddidi Law
3400 Cottage Way, Suite E
Sacramento, CA 95825
(916) 254-9825
Divorce Attorneys, Family Law Attorneys, Attorneys, Child Custody Attorneys
Nicholas J. Arduini
1631 Willow St #100
San Jose, CA 95125
(408) 264-9822
Bankruptcy Law Attorneys, Credit & Debt Counseling, Attorneys
Blanca Vaughan
1004 Willow St
San Jose, CA 95125
(408) 753-9814
Immigration Law Attorneys
Lerman-Pointer & Clarkson
12100 Wilshire Blvd # 600
Los Angeles, CA 90025
(310) 229-9800
Legal Service Plans,  Legal Clinics,  Attorneys,  Attorneys Referral & Information Service
Margaret B Walton
700 University Ave
Sacramento, CA 95825
(916) 924-9800
Attorneys, Family Law Attorneys, Divorce Assistance, Legal Service Plans
Cassen Andra
1781 Braddock Ct
San Jose, CA 95125
(408) 626-9763
Attorneys, Family Law Attorneys, Wills, Trusts & Estate Planning Attorneys
C P Legal Svc
2730 Arden Way # 222
Sacramento, CA 95825
(916) 482-9720
Attorneys Support & Service Bureaus, Attorneys, Legal Service Plans
Anderson Goff & Wilson
1325 Howe Ave Ste 107
Sacramento, CA 95825
(916) 646-9694
Estate Planning Attorneys, Legal Service Plans, Attorneys
Sacramento Legal Clinic
1325 Howe Ave
Sacramento, CA 95825
(916) 646-9694
Divorce Attorneys,  Probate Law Attorneys,  Bankruptcy Law Attorneys,  Attorneys,  Family Law Attorn
Family Law Document Express
1321 Howe Ave
Sacramento, CA 95825
(916) 923-9660
Family Law Attorneys, Attorneys, Legal Service Plans
Rubin & Goss
11925 Wilshire Blvd # 300
Los Angeles, CA 90025
(310) 444-9646
General Practice Attorneys, Attorneys, Legal Service Plans
Nonye Ugorji Law Corporation
1325 Howe Ave Suite 111
Sacramento, CA 95825
(916) 974-9637
Attorneys,  Immigration Law Attorneys,  Personal Injury Law Attorneys,  Bankruptcy Services,  Bankru
Kroeker Law Offices
641 Fulton Ave
Sacramento, CA 95825
(916) 550-9609
Probate Law Attorneys, Wills, Trusts & Estate Planning Attorneys, Attorneys
Jane Zerbi Law Office
777 Campus Commons Rd
Sacramento, CA 95825
(916) 925-9600
Attorneys, Probate Law Attorneys, Wills, Trusts & Estate Planning Attorneys, Legal Service Plans, Es
Bayse James H
455 University Ave # 201
Sacramento, CA 95825
(916) 921-9500
Attorneys, Legal Service Plans
James Kamanski
11925 Wilshire Blvd Ste 300
Los Angeles, CA 90025
(310) 873-9430
General Practice Attorneys, Attorneys, Legal Service Plans
Frank E Dougherty
650 University Ave Ste 100
Sacramento, CA 95825
(916) 877-9353
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Legal Service Plans,  Child Custody Attorneys
california divorce without war
777 Campus Commons Rd
Sacramento, CA 95825
(916) 212-9308
Family Law Attorneys,  Arbitration & Mediation Attorneys,  Attorneys,  Child Custody Attorneys,  Div
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US