subject: Quit Claim Deed Form – Its Main Elements [print this page] Quit Claim Deed Form Its Main Elements Quit Claim Deed Form Its Main Elements
Quit Claim Deed Form is used for filing a quitclaim deed that transfers the rights of the real estate from one person to the other. Commonly used to transfer property and real estate to close relatives, divorced or newly married spouses, parents and children, and siblings, this type of deed is helpful in many cases. In order to file the transference to the court, it is required that the person shall complete and submit the forms to the court.
Following are some of the main element of this document:
The title of this form is Quitclaim Deed'. This shows that what kind of document it is.
The date includes the date of execution - - that is, when was the document filed, signed and implemented.
The word grantor is used for a person who is granting his real estate to someone else. However, the form may also include the word person' at some places; this would refer to any person who can legally be the owner of the real estate.
Grantee is a person, which refers to the one who is being granted the property and the real estate. In short, the grantee is a person who can legally be the owner of real estate.
Habendum is the main part of the form, which encompasses the actual claim of transferring the real estate to the grantee.
In most cases the signatures of only the grantor are required but in many states it is also must for the grantee to put his signatures on this form.
