1. Business & Finance

Discuss in my forum

What Does a Quitclaim Deed Convey?

By , About.com Guide

The quitclaim deed is the least protective deed for the buyer. Basically, it only conveys what ever writes our interests the grantor has in the property. It provides no warranties or covenants to the buyer. If the grantor has good title, the quitclaim deed is as effective as a general warranty deed, but with none of the guarantees. Quitclaim deeds are frequently used to cure defects in the title. Quitclaim deeds are frequently used to transfer property between family members also.

©2012 About.com. All rights reserved.

A part of The New York Times Company.