Question

Which deed is used mainly to clear up possible “clouds” or encumbrances to title (conflicting interests)?

Which deed is used mainly to clear up possible “clouds” or encumbrances to title (conflicting interests)?

Homework Answers

Answer #1

Answer : "Quit Claim deed" is used mainly to clear up possible " clouds" or encumbrances to title(Conflicting interest). Basically, Quit claim deed is an legal instrument that is used to transfer interest in the name of real property. The title of property has been automatic transfered as follows :

  • Quit claim deed are used to transfer property between family members as gift, placing personal property.
  • Quit claim deed are used in tax deed sales
  • Quit claim deed is used in placing personal property for business entity.

The main purpose of quitclaim deed is that the transfer of property from seller to buyers. It is relative simple and required both the parties signed the deed.

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