12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
Get the North Carolina Legal Documents You Need in Only Minutes!
  • Written by expert Attorneys
  • Guaranteed for your State
  • Personalized for your situation
  • Finish and print in minutes!

Definition of a Quit Claim Deed in Zip Code 28509

Definition of a Quit Claim Deed in Zip Code 28509


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.

 
Download & Print a Free NC Last Will Personalize This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Download & Print a Free NC Living Will Personalize This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
  Answer Easy
Questions
answer simple questions online step by step
Easy Questions, Instant Documents
  • Finish in Minutes
  • Download Immediately
  • Written by Attorneys
  • 100% Guaranteed
  Get Instant Legal
    Documents

Print, save or email your finished legal document immediately!
Last Will & Testament
Related Legal Services near Zip Code 28509
Broadus Georgia Winstead
4109 Wake Forest Rd Ste 203
Raleigh, NC 27609
(919) 877-9998
Attorneys, Legal Service Plans
Psaroudis, Michelle
6101 Carnegie Blvd
Charlotte, NC 28209
(704) 552-9997
Real Estate Attorneys, Attorneys
Aida Doss Havel Law Offices
205 W Millbrook Rd Ste 205
Raleigh, NC 27609
(919) 782-9820
Divorce Attorneys, Family Law Attorneys, Attorneys, Criminal Law Attorneys
Hatchett III C Mitchell
805 Spring Forest Rd Ste 1600
Raleigh, NC 27609
(919) 855-9766
Real Estate Attorneys, Attorneys, Legal Service Plans
Ogletree Deakins Nash Smoak & Stewart PC
4208 Six Forks Rd
Raleigh, NC 27609
(919) 787-9700
Labor & Employment Law Attorneys, Attorneys, Immigration Law Attorneys, Employee Benefits & Worker C
W G Alexander & Assoc
3717 Benson Dr
Raleigh, NC 27609
(919) 914-9698
Attorneys, Business Law Attorneys, Legal Service Plans, Estate Planning Attorneys, Elder Law Attorne
Orsbon, R Anthony
4201 Congress St
Charlotte, NC 28209
(704) 556-9600
Attorneys, General Practice Attorneys
Fenninger, Cynthia T
4201 Congress St
Charlotte, NC 28209
(704) 556-9600
Attorneys,  Tax Attorneys,  Business Law Attorneys,  Insurance Attorneys,  Product Liability Law Att
Boyce Stephen A
345 S Swing Rd
Greensboro, NC 27409
(336) 294-9568
Employment Discrimination Attorneys, Attorneys, Labor & Employment Law Attorneys
Lovett Rik & Associates
4048 Barrett Drive
Raleigh, NC 27609
(919) 783-9333
Child Custody Attorneys, Family Law Attorneys, Divorce Attorneys
Elizabeth Blake
5925 Carnegie Blvd # 200
Charlotte, NC 28209
(704) 442-9300
Attorneys, Legal Service Plans
Ray Welborn Melody
4350 Lassiter At North Hills Ave
Raleigh, NC 27609
(919) 863-9093
General Practice Attorneys, Attorneys
Graebe Hanna and Welborn P
4350 Lassiter At North Hills Ave
Raleigh, NC 27609
(919) 863-9090
General Practice Attorneys, Attorneys
Tiffany A. Lesnik
211 E Six Forks Rd
Raleigh, NC 27609
(919) 906-8988
Divorce Attorneys, Attorneys, General Practice Attorneys, Legal Service Plans, Divorce Assistance, F
Adams Brent
3700 Six Forks Rd
Raleigh, NC 27609
(919) 861-8975
Attorneys, General Practice Attorneys
Crump David S
4109 Wake Forest Rd Ste 307
Raleigh, NC 27609
(919) 875-8882
Civil Litigation & Trial Law Attorneys, Attorneys, Business Law Attorneys
Shoaf Law Firm
900 Ridgefield Dr Suite 50
Raleigh, NC 27609
(919) 480-8822
Real Estate Attorneys, Attorneys, General Practice Attorneys, Legal Service Plans
Broadus Georgia Winstead
712 Hardimont Rd
Raleigh, NC 27609
(919) 783-8382
Attorneys, Social Security & Disability Law Attorneys
Johnson Van H
108 E Main St
Elizabeth City, NC 27909
(252) 679-8340
Civil Litigation & Trial Law Attorneys,  Attorneys,  Criminal Law Attorneys,  Personal Injury Law At
Law Corner The
211-205 E Six Forks Rd
Raleigh, NC 27609
(919) 424-8319
Child Custody Attorneys,  Estate Planning Attorneys,  Family Law Attorneys,  Traffic Law Attorneys,
Carruth Paul
5834 Faringdon Pl
Raleigh, NC 27609
(919) 872-8225
Estate Planning Attorneys, Attorneys, Wills, Trusts & Estate Planning Attorneys, Real Estate Attorne
Conrad Trosch & Kemmy PA
5821 Fairview Rd
Charlotte, NC 28209
(704) 553-8221
Family Law Attorneys, Wills, Trusts & Estate Planning Attorneys, Attorneys
Crawford Iii, Robert O - Crawford & Crawford
4601 Six Forks Rd Ste 405
Raleigh, NC 27609
(919) 510-8140
Employment Discrimination Attorneys, Attorneys, Labor & Employment Law Attorneys
Williams Heather J
4601 Six Forks Rd
Raleigh, NC 27609
(919) 510-8140
Family Law Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US