This form is a Quitclaim Deed where the Grantor is an individual and the Grantees are Five (5) individuals. Grantor conveys and quitclaims the described property to Grantees. This deed complies with all state statutory laws.
Alabama Quitclaim Deed from an Individual to Five Individuals
Category:
State:
Alabama
Control #:
AL-025-77
Format:
Word;
PDF;
Rich Text
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Description Quick Deed Alabama
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Quitclaim Deed Alabama Form popularity
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Alabama Quitclaim Deed FAQ
For a quit claim deed form to be valid in Alabama, it must meet specific statutory requirements. Content: The conveyance must be in writing on paper or parchment, and signed or marked by the grantor or an authorized agent and must also include the name, address, and marital status of the grantor (Ala.
Quit Claim Deeds in Alabama It is called a Quitclaim Deed because when the grantor transfers the property to the buyer (i.e., the grantee), it terminates the grantor's rights and claims to the property. Unlike with Warranty Deeds, Quitclaim Deeds contain no title covenants.
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.
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.
In California, a quitclaim deed is a legal document used to transfer ownership of real property.