A quitclaim deed is a common legal document used in real property transactions in Massachusetts. Quitclaim deeds transfer the ownership of assets from one party to another and enter the public records of the local land registry.
To safeguard your transaction from possible risks and make sure your quitclaim deed form follows all state requirements, call Jordan & White, LLC, at (978) 744-2811. Our experienced real estate attorneys oversee all types of real property transfers in and around Danvers, MA.
What Is a Quitclaim Deed?
The Commonwealth of Massachusetts recognizes three types of property deeds:
- Warranty deeds, which guarantee that the property is free from any encumbrances, even those dating from before the seller’s period of ownership
- Quitclaim deeds, which assure the asset’s freedom from any liens or other encumbrances that occurred while the present owner held title
- Release deeds, which offer no guarantees and only transfer any existing rights to the property from the seller to the buyer
If you’re buying real estate property in Massachusetts, a quitclaim deed offers a lot more security than a release deed but somewhat less than a warranty deed.
By signing a quitclaim deed, the seller guarantees they are the legal owner of the property and have removed any encumbrances, like loans, that may have occurred during their tenancy. However, under a quitclaim deed’s terms, the seller holds no liability for any liens or other encumbrances that the property may carry from before their ownership.
Recording Quitclaim Deeds in Massachusetts
A quitclaim deed goes on a county’s public records according to the asset’s location. For example, if you buy a house in Danvers, the deed enters the records of Essex County.
Any real property transfer, even if it’s just adding a family member to a title, requires a new deed. The seller and buyer must sign the deed, and a notary public must acknowledge the signatures to confirm the transaction.
Why You Need an Experienced Quitclaim Deeds Lawyer
Real estate deals are high-stakes transactions that can cost you a lot of money and hassle if there’s any mistake on a deed or other legal document. Working with Jordan & White will help you understand the legal implications of signing a deed and reduce the risk of any issues like ownership disputes or hidden title encumbrances.
We offer the full scope of deed and title services, including:
- Drafting and reviewing deeds
- Comprehensive title searches to reveal prior liens or other encumbrances
- Entering deeds into public records
- Handling chain of title issues and ownership disputes
Jordan & White, LLC: Trusted Legal Services for Real Property Transactions in Danvers, MA
Are you planning to sign a quitclaim deed? The seasoned real estate lawyers of Jordan & White, LLC, can simplify your real property transaction and help minimize any risks associated with title transfer. Our law firm works to protect your real estate investment and save you time, trouble, and money.
For trusted quitclaim deeds services in the area of Danvers, MA, call (978) 744-2811 or fill out our online form.