quitclaim

American  

[kwit-kleym] / ˈkwɪtˌkleɪm /

noun

Law.

1. a transfer of all one's interest, as in a parcel of real estate, especially without a warranty of title.

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verb (used with object)

1. to quit or give up claim to (a possession, right, etc.).

quitclaim British  

/ ˈkwɪtˌkleɪm /

noun

1. a formal renunciation of any claim against a person or of a right to land

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verb

1. (tr)

   1. to renounce (a claim) formally

   2. to declare (a person) free from liability

Etymology

Origin of quitclaim

1275–1325; Middle English quitclayme < Anglo-French quiteclame, derivative of quiteclamer to declare quit. See quit ¹ (adj.), claim

Compare meaning

How does quitclaim compare to similar and commonly confused words? Explore the most common comparisons:

• quitclaim vs. warranty deed

Example Sentences

A quitclaim or “quit claim” deed is a legal instrument that can be used to convey interest held in real property by one party onto another.

From Encyclopedia.com

A quitclaim deed can be used to add a spouse to a property title, or it can be used as a quick way of transferring property between two parties.

From Encyclopedia.com

When you fill out a quitclaim deed, there will always be a grantor and grantee.

From Encyclopedia.com

You would use a quitclaim deed for property that is not involved in a sale.

From Encyclopedia.com

If you need to file a quitclaim deed, it is usually a simple process to prepare and execute.

From Encyclopedia.com