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Quitclaim Deeds
Florida Quitclaim Deeds
A quitclaim deed is a legal document that transfers property to someone else without making guarantees of title. The person receiving the property is called a grantee. In Florida, a quitclaim deed is a legal, simple, and inexpensive way to transfer whatever title a property owner has to the grantee.
Why a Quitclaim Deed?
Some examples or scenarios in which a quitclaim deed might be good to use would be..
- To transfer property between family members
- Divorcing spouses
- Part of an estate plan/trust
- Making changes with timeshares
Benefits and Requirements of a Quitclaim Deed
It's simplicity and cost-effectiveness compared to other types of deeds is what makes it beneficial. There are legal requirements or formalities that need to be followed when executing a quitclaim deed in Florida, such as notarization and recording.