Rhode Island Quitclaim Deed
Rhode Island Quitclaim Deed
This Quitclaim Deed ("Deed") is made this [Date], by [Your Name], residing at [Your Company Address], hereinafter referred to as the "Grantor," and [Grantee's Name], residing at [Grantee's Address], hereinafter referred to as the "Grantee."
I. Grantor's Representation
The Grantor, [Your Name], being the lawful owner of the property situated at 303 Maple Road, Warwick, Rhode Island, and legally described as Lot 5, Block 3, Meadowbrook Estates, according to the plat thereof recorded in Plat Book 25, Page 30, hereby conveys, releases, and quits any interest, claim, or title, if any, in the aforementioned property to the Grantee.
II. Nature of Transfer
This Deed facilitates the transfer of property ownership from the Grantor to the Grantee without any warranties or guarantees about the title. The Grantor makes no representations regarding the quality of title, liens, encumbrances, or any other matters affecting the property's title.
III. Consideration
In consideration of the sum of $75,000.00 (Seventy-Five Thousand Dollars) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Grantor, the Grantor hereby conveys all rights, title, and interest, if any, in the property to the Grantee.
IV. Use of Quitclaim Deed
This Quitclaim Deed is being used to clarify ownership rights and facilitate the transfer of property between family members, as well as to resolve any disputes regarding the property's ownership. Both parties acknowledge that a clear title is not essential for the intended purpose of this transfer and mutually agree to proceed with the transfer using this Quitclaim Deed.
V. Legal Description
The property subject to this Deed is legally described as follows:
-
Lot 5, Block 3, Meadowbrook Estates, as recorded in Plat Book 25, Page 30, in the office of the City Clerk of Warwick, Rhode Island.
VI. Rights and Encumbrances
The Grantor hereby conveys all rights, title, and interest, if any, in the property, subject to any easements, rights of way, covenants, conditions, restrictions, and other encumbrances of record as of the date of this Deed.
VII. Signing and Acknowledgment
The Grantor hereby warrants and represents that the Grantor has the full right, power, and authority to convey the property as described herein and that the property is free and clear of all liens, claims, and encumbrances, except as noted herein. The Grantor further warrants that the Grantor will warrant and defend the title to the property hereby conveyed against all claims and demands of all persons whomsoever, except as noted herein.
VIII. Execution
IN WITNESS WHEREOF, the Grantor has executed this Quitclaim Deed on the day and year first above written.
[Your Name]
[Date Signed]
IX. Notary Acknowledgement
State of Rhode Island
County of [County Name]
On this [Date], before me, a Notary Public in and for said County and State, personally appeared [Your Name], known to me (or satisfactorily proven) to be the person whose name is subscribed to the within the instrument and acknowledged that [he/she/they] executed the same for the purposes therein contained.
Witness my hand and official seal:
[Notary Public's Name]
Notary Public
My Commission Expires: [Commission Expiry Date]
[Seal]
This comprehensive Quitclaim Deed is intended to facilitate the transfer of property ownership between the Grantor and the Grantee in Rhode Island, without warranties or guarantees about the title, and by the applicable laws and regulations governing such transactions.
