By: Martin M. Shenkman, CPA, MBA, JD
A quit claim deed is a form of deed used to transfer property. The "quit claim" means that you are transferring whatever rights you have in the property to the transferee. This contrasts with a deed in which you make representations and warranties (e.g. that you own the property out right with good title, etc.).
Subscribe to our email list to receive information on consumer webcasts and blogs, for practical legal information in simple English, delivered to your inbox. For more professional driven information, please visit Shenkman Law to subscribe.