Real Estate Quitclaim Deed
Real Estate Quitclaim Deed
This Real Estate Quitclaim Deed, made this [Month] day of [Day], [Year] by and between [Your Name] ("Grantor"), residing at [Your Address] , and [Grantee Name] ("Grantee"), whose address is [Grantee Address]
I. Conveyance
Witness, that the Grantor,[Your Name], for and in consideration of the sum of Ten Thousand Dollars ($10,000), lawful money of the United States, to him in hand paid by the Grantee, [Grantee's Name], the receipt whereof is hereby acknowledged, does hereby remise, release, and quitclaim unto the Grantee, Sarah Johnson, all the right, title, interest, and claim which the Grantor has in and to the following described real property located in Cook County, State of Illinois, to wit:
Legal Description: Lot 5, Block 10, Oakwood Subdivision, according to the plat thereof recorded in Plat Book 15, Page 25, in the office of the Recorder of Deeds of Cook County, Illinois.
Together with all the tenements, hereditaments, and appurtenances belonging, or in anywise appertaining thereto.
II. Warranties
The Grantor provides no warranties regarding the title of the conveyed property, which is transferred "as-is" without guarantees. The Grantee acknowledges the risks, including potential encumbrances or liens, accepts the title's condition, and agrees not to hold the Grantor responsible for any related claims or disputes. This is a non-warranty deed.
III. Consideration
Upon accepting this Quitclaim Deed, the Grantor confirms receipt of a sum of Ten Thousand Dollars ($10,000), acknowledged as full payment for the conveyed property interest. No additional promises or payments were made beyond this agreed sum, representing the property's fair market value. All financial obligations have been settled with no outstanding dues.
IV. Acknowledgment
The Grantor acknowledges and agrees to the deed's terms, confirming understanding and voluntary execution by signing below. This deed is binding on both parties and their heirs, successors, and assigns, in compliance with relevant laws.
V. Signature of Grantor
IN WITNESS WHEREOF, the Grantor has hereunto set his/her hand and seal the day and year first above written.
Name: [Your Name]
Date: [Date Signed]
VI. Notary Acknowledgment
State of [State]
On this [DATE], before me, the undersigned, a Notary Public in and for said State, personally appeared [Your Name], known to me or proved to me based on satisfactory evidence to be the person whose name is subscribed to this instrument, and acknowledged that he/she executed the same.
Witness my hand and official seal.
Witness my hand and official seal.
Notary Public: [NOTARY'S NAME]
My Commission Expires: [EXPIRATION DATE]
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