Why would someone do a quit claim deed?

Quitclaim deeds are most often used to transfer property between family members. Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners get divorced and one spouse's name is removed from the title or deed.

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Massachusetts Quitclaim Deed...

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Name: Massachusetts Quitclaim Deed, W/O Quitclaim Covenants, from Three Individuals to a Trust
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.64 (251 reviews)

Category:

Massachusetts Real Estate - Deeds - Quitclaims

State:

Massachusetts

Control #:

MA-025-77

Format:

Instant download

Description Massachusetts Quitclaim Deed Form

This form is a Quitclaim Deed, without Quitclaim Warranties, where the Grantors are three Individuals and the Grantee Trust. Grantors convey and quitclaim the described property to Grantee. This deed complies with all state statutory laws.

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How to fill out Quitclaim Deed Trust?

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Massachusetts Quitclaim Deed Other Form Names

Quitclaim Wo Covenants Quitclaim Covenants Massachusetts Quitclaim To Deed Covenants Ma Three Individuals Notary Inc Deed Ma Deed To

Massachusetts Quitclaim Agreement FAQ

The drawback, quite simply, is that quitclaim deeds offer the grantee/recipient no protection or guarantees whatsoever about the property or their ownership of it. Maybe the grantor did not own the property at all, or maybe they only had partial ownership.

Unlike most other property deeds, a quitclaim deed contains no title covenant and thus offers the grantee no warranty as to the status of the property title; the grantee is entitled only to whatever interest the grantor actually possesses at the time the transfer occurs.

Quitclaim deeds are most often used to transfer property between family members. Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners get divorced and one spouse's name is removed from the title or deed.

It's usually a very straightforward transaction, but it's possible for a quitclaim deed to be challenged. If a quitclaim deed is challenged in court, the issue becomes whether the property was legally transferred and if the grantor had the legal right to transfer the property.

Recording: Massachusetts quitclaim deeds must be filed with the Registry of Deeds Office. Choose the office in the county where the property is. Filing Fee: Each Registry of Deeds Office charges a filing fee, which must be filed along with the deed.

In some instances, however, quitclaim deeds are used when the grantor has a mortgage. In this case, the grantor remains liable for the mortgage even after ownership has transferred through the execution of a quitclaim deed. Quitclaim deeds transfer title but do not affect mortgages.

Locate your current deed. Use the proper deed. Check with your title insurance company and lender. Prepare a new deed. Sign in the presence of a notary. Record the deed in the county clerk's office. Locate the deed that's in trust. Use the proper deed.

To use a Quitclaim Deed to add someone to a property deed or title, you would need to create a Quitclaim Deed and list all of the current owners in the grantor section. In the grantee section, you would list all of the current owners as well as the person you would like to add.

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Description Massachusetts Quitclaim Deed Form

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Massachusetts Quitclaim Deed Other Form Names

Massachusetts Quitclaim Agreement FAQ

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What is a quitclaim deed without covenant?

Why would someone do a quit claim deed?

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Can you quit claim deed a house with a mortgage?

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