A Quitclaim deed is a form of Deed that conveys (transfers) any and all interest a person or entity (the Grantor) may have. Quitclaim Deeds convey the Grantor’s interest without warranty or guarantee and regardless of title issues.
Are Quitclaim Deeds and “Quick Deeds” the same thing?
“Quick Deed” is actually a misnomer of Quitclaim Deed. When someone says Quick Deed or Quickclaim Deed, what they really mean is Quitclaim Deed.
When would I use a Quitclaim Deed?
Many times Quitclaim Deeds are used to terminate a Life Estate, Dower Interest, Land Contract, convey interest pursuant to a divorce, when transferring property to an entity or trust, or when selling real property. In many cases, a General Warranty is preferred over a Quitclaim Deed.