Commercial Quitclaim Deed
Commercial Quitclaim Deed
I. Parties Involved
A. Grantor:
[Your Name], [Your Title]
[Your Address]
B. Grantee:
[Partner's Name], [Partner's Title]
[Partner's Address]
II. Property Description
A. Property Address:
[Address of the Commercial Office Building]
B. Legal Description:
[Legal Description of the Property]
III. Consideration
The Grantor, in consideration of [Consideration Details], hereby conveys and quitclaims to the Grantee all of the Grantor’s right, title, and interest in the property described herein.
IV. Terms and Conditions
The Grantor, by executing this Quitclaim Deed, makes no warranties, express or implied, regarding the condition or title of the property being conveyed. The Grantee accepts the property in its current condition and agrees to hold the Grantor harmless from any claims arising from the property after the date of this deed.
A. Warranty of Title:
The Grantor hereby warrants that they are the lawful owner of the property described above and have the authority to convey the same to the Grantee.
B. Quitclaim Covenant:
This transfer is made by Quitclaim Deed, and the Grantor makes no warranties, express or implied, regarding the title, condition, or encumbrances of the property.
C. Release of Claims:
The Grantor releases all claims, rights, and interests they may have had or currently have in the property, whether known or unknown, to the Grantee.
V. Signatures
In witness whereof, the Grantor has executed this Commercial Quitclaim Deed on [Date], at [Location].
[Your Name]
[Your Title]
Accepted and Agreed:
[Partner's Name]
[Partner's Title]
VI. Witness Signatures
[Name of Witness 1]
[Date]
[Name of Witness 2]
[Date]
VII. Notary Acknowledgment
STATE OF , COUNTY OF
On this day of , 20 before me, , a Notary Public in and for said County and State, personally appeared [Your Name] and [Partner's Name], known to me (or proved to me on the oath of [Witness Name]) to be the persons whose names are subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal:
[Notary Public Name]
My Commission Expires:
