Quitclaim Deed Password Protect For Free

Savvy thieves are able to forge documents, commit fraud, and steal the title/deed to your home, potentially to sell the property to someone else and reap the proceeds, or use their fraudulent ownership to access a lending tool and extract the home's equity.

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.

There are very few statistics available for home title theft cases. The FBI estimated a couple years back that 9,600 U.S. homeowners were victims of title fraud. That's a microscopic percentage slightly more than 0.0001% of the roughly 87 million U.S. homes owned.

Quitclaim deeds are part of public record. This means anyone who wants a copy can obtain one. One way to get a copy of this type of deed is to visit your local county recorder's office.

Assuming it has been properly completed and filed, a quitclaim deed is a legal document that transfers complete ownership rights to a sole owner in a property that was previously co-owned.Standard quitclaim forms for use in California can be procured online or at many office superstores.

The people that promote it want you to believe it is an extra safety step, similar to title insurance, but it's actually useless. It claims to protect the homeowner against title fraud but it's not insurance of any kind. It does not protect you in any way from a scammer fraudulently transferring your title.

How To Protect Yourself From Title FraudKeep An Eye Out For Missing Bills. When normal bills start disappearing or changing at random, your deed status could be at risk.Monitor Your Credit Report.Make Sure You Have Title Insurance.Enroll In Title Protection Services.