Quitclaim Deed, Explained.

"Quitclaim Deed... What is that?!?"

Hey Taxpayers, Tiffany Gonzalez CPA is back with another great installment of "What is that?!?" Where we bring you financial terms and topics you may have heard, but we make them super easy to understand.

Today we are talking about the Quitclaim Deed, which is a legal instrument used to transfer interest, rights, or ownership in a property from one party to another without any warranties or guarantees about the property's title.

This is not a great idea for all property transfers, so in this video Tiffany will be explaining the most common use of the Quitclaim Deed.

Unlike warranty deeds, it does not confirm the grantor actually owns the property or that the title is clear.

If you want to learn more about real estate, this video is for you!

Tune in and get your financial I.Q. up!

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[emilybrowno]

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