quitclaim

American  

[kwit-kleym] / ˈkwɪtˌkleɪm /

noun

Law.

quitclaims plural

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

Other Word Forms

Noun Inflected Forms

• quitclaims
  plural

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

Explanation

A quitclaim is an act of giving up your ownership of a property and transferring it to another person. If your grandmother signs her house over to your dad, that's a quitclaim. The legal term quitclaim can be used generally to mean "abandoning any claim on a property," or more specifically for a type of legal document that does the same thing. A quitclaim allows a person to transfer property to another person with a simple deed. The basic idea is that all the rights and claims of being a property owner are relinquished and legally turned over to someone else.

Example Sentences

See Examples For:

quitclaim

You’ll be able to download and print your quitclaim deed via a PDF file or Word document.

From Encyclopedia.com ● Mar. 21, 2018

Typically, a quitclaim deed will involve the following components:

From Encyclopedia.com ● Mar. 21, 2018

There are no protections offered in the quitclaim deed, which is one reason why it is not used as often as the general warranty deed.

From Encyclopedia.com ● Mar. 21, 2018

There are many common scenarios in which you would use a quitclaim deed:

From Encyclopedia.com ● Mar. 21, 2018

His royal highness executed a quitclaim to William Penn and his heirs on August 21, 1682.

From The Great Events by Famous Historians, Volume 12 by Rudd, John