quit claims

Hi Bearcat,

Welcome to the forum.

Quitclaim deed is a document that is used to transfer the share of property of a person to another person. The person who gives away his interest in the property is referred to as the grantor while the person who takes over the property is the grantee.

But this type of deed does not guarantee that the property is free of debt. It also does not guarantee the legal owner to the property prior to transfer. To know more on quitclaim deed, you may refer to http://www.mortgagefit.com/quitclaim-deed.html

quitclaim(deed) means that the grantor transfer or quit his property to the grantee. this deed is not real transfer the property deed. The grantor is just only quit his estate property that is just announced by the grantor and there is not actual deed to prove whether the grantor own the property . the grantor dosen't not assumed the law liability or vindicate for himself.
Quitclaim deed is usually used in a undisputed deed. for example, this deed is executed among family or consort. If the grantor onws the fee simple, he quit claim the property that means the ownership complete transfered.
so, quitclaim deed is rarely used in a normal exchange or trade as exclusive deed.
then ,I think this more detailed explanation for you.