Saturday, April 13, 2019

Important Features Of A Quit Claim Deed Document That You Should Know About

A quitclaim deed functions as a legal document which is used for transferring ownership of real property. Contrasting to the other forms of property deeds, the quitclaim deed involves no title covenant which means that there is no guarantee involved regarding the current owner of the property. The status of the property is also something that remains mostly unguaranteed. The grantor, who aims to transfer the ownership of the property to another person, does not ensure that he/she has any interest on the property during the transference. It is due to factors such as these that quitclaim deeds are mostly used to transfer properties between people who are well acquainted with one another. Please visit this site to get a quitclaim deed form in South Dakota.