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PYT422
Apr 21, 2008, 05:40 PM
What is a Quick Claim Deed and as the owner how does it effect me if I enter into an agreement with a Investor.

LisaB4657
Apr 21, 2008, 05:43 PM
It's called a Quit Claim Deed. With this type of Deed, the seller/grantor is transferring to the buyer/grantee whatever ownership interest they may have in the property. They're not promising that they own the property or any part of it, and they're not promising that there are no liens on it. But if they do own it or any part of it then that's what they're transferring to you.

In order to know how it affects you you'll have to give us more details.

Fr_Chuck
Apr 21, 2008, 05:50 PM
Yes are you buying or selling it on a quitclaim,