A deed of conveyance which operates, in effect, as a release of whatever interest the grantor has in the property; sometimes called a release deed
Added: Fri Jan 06 2006
Reviewed by: Phil, Feb 15 2013 2:23PM
A quit claim transfers only the rights of the person signing the deed. It does not guarantee that other people don't have an interest in the property. If there are other owners, their ownership is not affected by the quit claim.
You will find that a quit claim deed is most often used to clear up problems with a title or when someone wants to use a simple method to give up all interests in a property. Quitclaim deeds are sometimes used by a divorcing couple, where one spouse signs all his/her rights to their home over to the other.
It is not uncommon that when a property is being sold a title search finds that a mistake has been made in the past and a previous owner never relinquished his ownership in the property. That puts a "cloud" or "defect" on the title. The problem is solved by contacting the previous owner and asking him/her to sign a quit claim deed.