Real Estate Glossary

The following are some common real estate terms you may run across during the process of buying or selling your home.

Quitclaim deed

A deed which transfers whatever interest the maker of the deed may have in the particular parcel of land. A quitclaim (or quit claim) deed is often given to clear the title when the grantor's interest in a property is questionable. By acc epting such a deed the buyer assumes all the risks. Such a deed makes no warranties as to the title, but simply transfers to the buyer whatever interest the grantor has. (see Deed.)

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