Scott Bull . Height: 6-5 Weight: 211 Age: 64 Born: 6/8/1953 Camden , AR College: Arkansas. Experience: 3 Seasons
A quitclaim deed is a legal instrument which is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed it transfers any interest the grantor has in the property to a recipient, called the grantee.
There are 2 main types of deed: warranty and quitclaim. A warranty deed is one in which the seller, when transferring the title to you, warrants that he owns the property free and clear of all liens, says David Eagan, a lawyer with Eagan & Matthews PLLC in East Hampton, New York. A warranty deed is used in most sales of property. 1  The grantor is the rightful owner and has the right to transfer the title. 2  There are no outstanding claims on the property from lenders using it as collateral, or from other creditors.  The property can't be claimed by someone with a better claim to the title.