Quit claim


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QUIT CLAIM, conveyancing. By the laws of Connecticut, it is the common practice there for the owner of land to execute a quit claim deed to a purchaser who has neither possession nor pretence of claim, and as by the laws of that state the delivery of the deed amounts to the delivery of possession, this operates as a conveyance without warranty. It is, however, essential that the land should not, at the time of the conveyance, be in the possession of a stranger, holding adversely to the title of the grantor. l Swift's Dig. 133; 2 N. H. R. 402; 1 Cowen, 613; and vide Release.

QUIT CLAIM, contracts. A release or acquittal of a man from all claims which the releasor has against him.

References in periodicals archive ?
Of the most sought after are the Warranty Deed and Quit Claim Deed because of specific formatted language, the Land Contract with investor clauses, a Promissory Note with a protection clause for multiple uses, and the real estate Land Trust combined with an Option to Purchase for the ultimate in creative real estate investing.
Venie was suspended from the practice of law for one year effective 30 days from October 11, 2012, for pursuing a frivolous claim involving a lis pendens, and for committing a criminal act that reflects adversely on the lawyer's honesty, truthfulness, or fitness as a lawyer, for engaging in fraudulent conduct, and for engaging in conduct in connection to the practice of law that is prejudicial to the administration of justice by filing a false sworn affidavit to correct deficiencies on a quit claim deed.
A quit claim is a legal instrument by which the owner of a piece of property, the "grantor" of a mortgage, transfers financial interest to the mortgage recipient.
Responding to Cleverly's quit claim if he lost, Bellew said the maths graduate could still have a future in boxing - as his accountant.
The DAA's ownership of the fairgrounds was admitted in the recent RFP conducted by the State and again at the end of 2010 when the State asked the 32nd DAA to consider a quit claim deed.
He said to one of my clients, "Why not gift your home to your children through a quit claim deed and then retain a limited power of appointment to transfer ownership between children?
An REO title is transferred by limited warranty or delivery deed or, if clouded, by quit claim deed.
I wanted to protect my investment in the house, however, this barrier was there even though the quit claim was signed by the ex-partner.
A Quit Claim was recorded on Lots 30 and 31 on 2 December 1805 and registered on title on 8 March 1806 from Philip Young, step-son of John Stevens Senior, to Solomon Quick, son-in-law of John Stevens Senior and husband of Fiona Stevens, with the notation "Recites that John Stephens deceased by his will devised said lot to Young to be held by him for four years after the death of Mary, wife of said Stephens, remainder to Solomon Quick his heirs and esigns [sic]".
Investigators believe Duran had crafted an elaborate scheme to kidnap Teresa Duran and hold her hostage until she agreed to sign over a quit claim deed to the house, Weimortz said.
Venie was suspended from practice of law for one year effective 30 days from October 11, 2012, for pursuing a frivolous claim involving a lis pendens, and for committing a criminal act that reflects adversely on the lawyer's honesty, truthfulness, or fitness as a lawyer, for engaging in fraudulent conduct, and for engaging in conduct in connection to the practice of law that is prejudicial to the administration of justice by filing a false sworn affidavit to correct deficiencies on a quit claim deed.
Emergency Estate Planning includes topics like the durable power of attorney for assets, medical power of attorney, probate process flow chart, trust concepts and applications, personal property trust, living trust basics, credit shelter trust and marital trust concepts, living trust for spouse and other heirs, quit claim deed into trust, and many more important concepts of estate planning.