Quitclaim Deed | Pdf Fpdf Docx | Illinois

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Quitclaim Deed | Pdf Fpdf Docx | Illinois

Last updated: 10/22/2024

Quitclaim Deed

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Description

QUITCLAIM DEED. This form is used to transfer ownership of real property from one party (the grantor) to another (the grantee) without any warranties or guarantees regarding the title. It includes the names, marital status, and addresses of the grantor and grantee, a nominal consideration amount (often $10), a description of the property, and any existing conditions or exceptions that may affect the property. The deed requires notarization to certify the grantor's identity and signature. This type of deed is often used in transactions between family members or where the parties have an established trust, but it offers the least protection for the grantee, as it does not guarantee clear title to the property. www.FormsWorkflow.com

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