Quitclaim Deed Of Gift
Quitclaim Deed of Gift
This Quitclaim Deed of Gift is made and entered into this [Date], by and between [Your Name], hereinafter referred to as the "Grantor," and [Grantee's Name], hereinafter referred to as the "Grantee."
I. Introduction:
This Quitclaim Deed of Gift witnesses that the Grantor, [Your Name], grants the described real property to the Grantee, [Grantee's Name], as a gift.
II. Consideration:
For valuable consideration, receipt of which is hereby acknowledged, the Grantor hereby grants, bargains, sells, releases, and quitclaims to the Grantee all of the Grantor's right, title, and interest in and to the following described real property situated in [Location], more particularly described as follows:
[Property Description]
III. Warranties:
The Grantor hereby declares that the Grantor is the lawful owner of the above-described property and has full right and authority to convey the same to the Grantee. However, the Grantor makes no warranties, express or implied, regarding the title or condition of the property, and the conveyance is made on an "as-is" basis.
IV. Use:
The Grantee acknowledges that the property is being transferred to them as a gift and agrees to accept the property in its current condition.
V. Execution:
The Grantor warrants that the Grantor has the full power and authority to execute and deliver this Quitclaim Deed of Gift and that the same is free and clear of all liens, encumbrances, and claims whatsoever.
VI. Further Assurances:
The Grantor agrees to execute and deliver such further instruments and assurances and to take such further action as may be reasonably necessary to carry out the intent and purpose of this Quitclaim Deed of Gift.
VII. Governing Law:
The Grantor agrees to execute and deliver such further instruments and assurances and to take such further action as may be reasonably necessary to carry out the intent and purpose of this Quitclaim Deed of Gift.
In Witness Whereof, the Grantor has executed this Quitclaim Deed of Gift as of the date first above written.
[Your Name]
Signed, sealed, and delivered in the presence of:
[Witness's Name]
[Notary Public's Name]
My commission expires: [Date]
This Quitclaim Deed of Gift is hereby accepted by:
[Grantee's Name]