Maryland Quitclaim Deed
Maryland Quitclaim Deed
This Maryland Quitclaim Deed (the "Deed") is made effective as of September 15, 2050, by and among [YOUR NAME] (the "Grantor"), whose address is [YOUR COMPANY ADDRESS].
I. Recitals
WHEREAS, the Grantor, who possesses ownership rights over a specified parcel of real estate situated at 789 Maple Lane, Rockville, MD 20850, which is located within the boundaries of Montgomery County in the State of Maryland, hereby recognizes this property (hereafter referred to as the "Property"); and
WHEREAS, the Grantor desires to transfer and convey to the Grantee all of the Grantor’s rights, title, and interests in and to the Property without making any guarantees or warranties regarding the title.
II. Property Description
The Property conveyed by this Deed is described as follows:
The property identified by the address 789 Maple Lane, Rockville, MD 20850, is characterized as follows: a single-family residential home with three bedrooms, two bathrooms, a detached garage, and a fenced backyard. The owner of Property, known as the Grantor, hereby agrees and is fully prepared to transfer and convey all existing rights, ownership, and interest in Property to the individual or entity referred to as the Grantee.
III. Quitclaim
Now, therefore, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Grantor does hereby remise, release, and quitclaim unto the Grantee, all of the Grantor’s right, title, interest, and claim in and to the Property, including all improvements thereon and appurtenances thereto.
The Grantor declares that they provide no assurances or guarantees, either explicitly stated or implied, about the accuracy or legitimacy of the property's title. The Grantor merely transfers to the Grantee any interest or ownership they possess in the property, without confirming that this interest is devoid of defects or liens.
This conveyance is made subject to all existing easements, covenants, conditions, restrictions, and rights-of-way of record, and any liens or encumbrances against the Property.
IV. Consideration
Considering the foregoing, the Grantee agrees to accept the Property subject to all existing easements, covenants, conditions, restrictions, rights-of-way, liens, and encumbrances of record affecting the Property, without recourse to the Grantor.
The Grantee acknowledges that this Deed is a quitclaim deed and that the Grantor makes no representations or warranties whatsoever as to the title of the Property.
The Grantee agrees to indemnify and hold the Grantor harmless from any claims, liabilities, or obligations arising out of or related to the Property from and after the effective date of this Deed.
V. Miscellaneous
This Deed shall create obligations that are binding upon and shall confer benefits that accrue to, not only the parties who are signatories hereto but also their respective heirs, successors in interest, and assigns.
This Deed constitutes the entire agreement between the Grantor and the Grantee concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written, of the parties.
This Deed may not be amended or modified except by an instrument in writing signed by both the Grantor and the Grantee.
VI. Governing Law
This Deed shall be governed by and construed following the laws of the State of Maryland, without regard to any principles of conflicts of law that might otherwise dictate the application of the laws of another jurisdiction.
VII. Execution
The Grantor, having acknowledged the importance and formality of this document, executes and seals this Deed on the day and year that are noted at the beginning of this document.
Grantor: [YOUR NAME]
VIII. Acceptance
The Grantee hereby acknowledges and confirms the receipt of this Quitclaim Deed and accepts the conveyance of all the properties that are subject to and described within the terms of this deed.
[GRANTEE'S NAME]
NOTARY ACKNOWLEDGEMENT
On the date specified as September 15, 2050, this document was formally acknowledged in my presence by [YOUR NAME], who is the Grantor, and Taylor Reed, who is recognized as the Grantee.
Jordan Lee
My Commission Expires: September 15, 2055
