Quitclaim deed
A deed that transfers whatever interest the signer has, if any, with no promise that the title is good. It is common between family members, in divorces or to fix title errors, not in typical sales.
Also called: quit claim deed, quick claim deed, quitclaim
Related terms
The signed legal document that transfers ownership from the seller to the buyer. It is recorded with the county after closing to make the transfer part of the public record.
A deed in which the seller promises they own the property and that the title is free of undisclosed claims. A general warranty covers all past owners; a special warranty covers only the seller's time of ownership.
The legal right to own and use a property. Title is not a single document; it is shown by the deed and public records, and must be clear for a sale to close smoothly.
Any claim, lien or error in the records that casts doubt on who owns a property. It usually must be cleared before the sale can close.