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quitclaim deed

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quitclaim deed

–noun Law.
a deed that conveys to the grantee only such interests in property as the grantor may have, the grantee assuming responsibility for any claims brought against the property.
Compare warranty deed.


Origin:
1750–60
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

Quitclaim Deed

A deed releasing all of a person's interest in a property or land.

Investopedia Commentary

By accepting such a deed, the buyer assumes all the risks.

See also: Real Estate

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Legal Dictionary

Main Entry: quitclaim deed
see DEED
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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