quit claim deed

quit claim deed
A document by which title to real estate is conveyed from one party, the grantor, to another party, the grantee. The distinguishing characteristic of a quit claim deed is that it transfers only such interest, title, or right that the grantor has at the time of conveyance to the grantee. A quit claim deed is common in divorce or other situations such as equitable interests, in which the grantor's interest is not clearly defined. American Banker Glossary

Financial and business terms. 2012.

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  • quit claim deed — noun the legal instrument effecting a quit claim (distinguished from warranty deed). Compare warranty …  

  • quit claim deed — noun a document by which a person (the grantor) disclaims any interest the grantor might have in a piece of real property, and passes that claim to another person (the grantee) …   Wiktionary

  • quit|claim — «KWIHT KLAYM», noun, verb. –n. 1. the act of giving up a claim or right of action. 2. = quitclaim deed. (Cf. ↑quitclaim deed) ╂[< Anglo French quiteclame < quitecmer; see the verb] –v.t. to give up claim to (possession or right of action).… …   Useful english dictionary

  • quit claim — A deed releasing interest in real property. Sometimes, when a Trustee has real property vested in him pursuant to the bankruptcy and there is no equity in that property, he may quit claim it to the mortgage holder, thereby saving the mortgage… …   Glossary of Bankruptcy

  • deed — 1 n 1: something done: act (1) my free act and deed 2: a written instrument by which a person transfers ownership of real property to another see also deliver …   Law dictionary

  • Quitclaim deed — A quitclaim deed is a term used to describe a document by which a person (the grantor ) disclaims any interest the grantor may have in a piece of real property and passes that claim to another person (the grantee). A quitclaim deed neither… …   Wikipedia

  • АКТ ОТКАЗА ОТ ПРАВА — QUIT CLAIM DEEDТип документа, по к рому одно лицо передает другому какие либо или все правовые титулы и интересы, к рые передающее лицо имеет в описываемом имуществе, но не содержащий ручательств или гарантий безупречности титула …   Энциклопедия банковского дела и финансов

  • Monsey Church — The Monsey Church New Hope Christian Church Postcard of the Monsey Church from the late 1940s or early 1950s …   Wikipedia

  • ИМУЩЕСТВО НЕДВИЖИМОЕ — REAL ESTATE, REALTYИ.н. включает в себя землю, постройки и сооружения, постоянно находящиеся на нейИ.н. неюридический термин понятия недвижимая собственность (real property), включающего землю, здания и связанные с их использованием постройки и… …   Энциклопедия банковского дела и финансов

  • List of real estate topics — This aims to be a complete list of the articles on real estate. NOTOC compactTOC # *72 hour clause A *Abstract of title *Acknowledgment *Acre A measure of land *Ad valorem tax *Adjustable rate mortgage (ARM) *Administrator/Administratrix *Adverse …   Wikipedia

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