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Quit claim Deed

What does a Quit Claim Deed mean?

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Anonymous

Asked by Anonymous at 3:22 AM on Jan. 11, 2010 in Money & Work

Answers (3)
  • When my ex and I split up, I was getting the house as part of the settlement. He had to sign one, it basically stated that he was giving me the house.
    daisy521

    Answer by daisy521 at 3:52 AM on Jan. 11, 2010

  • A quit claim deed is to remove or add someone to the title of your property. This does not remove or add them to the mortgage if there is one.
    Kari126

    Answer by Kari126 at 7:50 AM on Jan. 11, 2010

  • Quit claim means that someone quits claiming ownership of something (usually the house). It does not remove them from the mortgage though. If the person doing a quit claim doesn't demand the other person re-finance, then they are still responsible for the mortgage.
    slw123

    Answer by slw123 at 9:46 AM on Jan. 11, 2010

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