Quitclaim deeds are used to transfer the interest in real property. With this legal document, your interest in the real property such as house, land or mobile phone is transferred to another party. The person who transfers the property is known as the grantor and the person to whom the property is transferred is known as grantee. With quit claim deed, only the interest of the grantor is transferred to the grantee, but the grantor does not make warranty of any kind on the property.

(more…)