What is a Quitclaim Deed? Written By Sandra McCarthy Founder, A People’s Choice Fact Checked If you want to transfer a real estate property, or your ownership interest in one, to someone else, you do not need to hire a lawyer. Giving your son or daughter a house is not a complex, risky legal process, but lawyers will charge you for it as if you are trying to accomplish a business merger. If you need to transfer property to a person or entity through a quitclaim deed, you should still have this document professionally prepared. The best person to prepare quitclaim documents in California is a non-attorney legal document assistant; unlike paralegals, legal document assistants are professionally qualified to work independently of lawyers and law firms. What our Clients Say... “A People’s Choice is extremely customer orientated and friendly. Their service was fast and reliable. in the future, should I need their services again, I will not hesitate to call them. 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This service is only a fraction of the cost, more responsive, and better suited to quickly completing complicated court forms. “ Linda F. “A People’s Choice is awesome! They made the legal documentation process painless. I highly recommend A People’s Choice. The name says it all.” Eric J. “This company is excellent! They helped me get through all of my paperwork, submitted it to the court, and now everything is complete. Everything was clear and almost too easy. I saved thousands of dollars!” Seth M. “A People’s Choice prepares legal documents so you can represent yourself and still look like you know what you’re doing. I utilized their services recently and found them to be professional as well as extremely helpful. I couldn’t be happier.” Evan J. “A People’s Choice is a great option to get legal documents prepared inexpensively. They offer a very professional, low cost service for all sorts of legal paperwork. You won’t be disappointed and will save lots of money as compared to using an expensive attorney!” Kathryn R. “I am glad I chose A People’s Choice. They were very friendly and helped me with my documents in a very efficient way in very little time. Give them a try and you will be writing a positive review just as I did.” D. Buelna “I needed help understanding and filling out legal documents but I didn’t have enough money to pay for an attorney. I would highly recommend A People’s Choice for your legal documents as you will get outstanding service at an affordable price. “ Sharon B. Get help Recording a California Quitclaim Deed! START MY QUITCLAIM DEED…or continue reading the article below to learn more about what is a Quitclaim deed. Why do People Use Quitclaim Deeds? California law recognizes two types of deeds for transferring ownership of real estate property. A grant deed (known as a warranty deed in many other states) means that you own the property outright and it is free of liens; in other words, you have “good title.” A quitclaim deed, by contrast, contains no such claim to good title. Therefore, quitclaim deeds are the only option for transferring your interest in a property of which you are a partial owner or for transferring ownership of a property with liens. In practice, these are some common scenarios in which people these documents: A parent giving the property to his or her son or daughter A grandparent giving the property to his or her grandchild One spouse giving up his or her share of ownership of the marital home as part of the division of property in a divorce The property’s owner transferring it to a trust The property’s owner transferring it to an LLC Transferring special interests in a piece of land, such as minerals, oil, or gas, without transferring ownership of the land itself The Risks of Acquiring an Asset Through a Quitclaim Deed It is important to understand certain terms that address real property transfers. In a quitclaim deed, the transferring owner is the grantor, and the new owner is the grantee. After receiving the property, the grantee might discover that there are liens on the property, or even that the grantor never legally owned the property. One of the provisions of the deed is that the grantor and grantee cannot sue each other to resolve disputes over the property. Therefore, acquiring property through a quitclaim deed is risky, so most are between people who are sure they can trust each other, such as close family members. Choose A People’s Choice for Accurate, Affordable Quitclaim Deed Preparation Since quitclaim deeds are often part of a gift exchange between family members, there is no need to involve lawyers. The best way to prepare your quitclaim deed at a reasonable price is to have a registered legal document assistant prepare it for much less money than a lawyer. A People’s Choice provides legal document preparation services by a non-attorney legal document assistant registered in California. We can help prepare a variety of title and real estate documents such as quitclaim deeds. Call us today at 800-747-2780. Get help with your Legal documents today! A People’s Choice can save you hundreds of dollars by preparing your legal documents instead of an expensive attorney! GET STARTED!Was this article helpful? We would love to know your thoughts! If you found this article helpful, please check the LIKE button below. Your feedback helps us plan topics for future articles. By Sandra McCarthy|June 14th, 2020|Estate Planning|Comments Off on What is a Quitclaim Deed?