Quitclaim deeds are a quick and simple way to transfer real estate, but they come with serious limitations that every property owner should understand.
What Is a Quitclaim Deed?
A quitclaim deed is a legal instrument used to transfer whatever interest the grantor (owner) has in a property without making any guarantees about the validity of that interest.
This means the grantor makes no promises that they even own the property or that the title is clear.
When Are Quitclaim Deeds Used?
- Between family members (e.g., adding a spouse or removing one after divorce)
- To clear up title issues or correct deed errors
- In estate planning for transferring property to a trust or heir
Pros and Cons
✅ Fast and simple transfer
✅ Useful for informal or non-sale transfers
❌ No warranty or legal protection for the grantee
❌ Title companies often reject them in formal transactions
Should You Use One?
While quitclaim deeds are convenient, they aren’t suitable for every situation. If you’re transferring property and want to ensure legal protection, consider using a warranty deed or consulting with a real estate attorney. Our firm regularly prepares quitclaim and other deeds to help clients avoid future disputes.
