
Ma Quitclaim Form


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People also ask
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What is a quitclaim deed in MA?
A Massachusetts quitclaim deed — also known as a quitclaim covenant is comparable to special warranty deeds in other state. Quitclaim deeds are a document used to legally transfer property and buildings from one party to another, such as a seller and buyer.
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What is a quitclaim deed most commonly used to?
Quitclaim deeds, therefore, are commonly used to transfer property within a family, such as from a parent to an adult child, between siblings, or when a property owner gets married and wants to add their spouse to the title. Married couples who own a home together and later divorce also use quitclaim deeds.
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How much is a quitclaim deed in Massachusetts?
The grantor must pay the filing fee for their quitclaim deed to the Registry of Deeds Office. Massachusetts charges a $155 filing fee for most deeds, including quitclaim deeds.
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What do quitclaim covenants mean?
Under a quitclaim deed, the grantor simply transfers its whole interest in the described real estate, but makes no covenant or representation that the grantor in fact has any interest in the subject property.
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What are the disadvantages of a quit claim deed?
A quitclaim deed does not provide any assurance that the grantor (the person transferring the property) has free and clear title to the property. In fact, it doesn't even represent that the grantor has any interest in the property whatsoever.
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Who benefits the most from a quitclaim deed?
There are many uses for a quitclaim deed, but one of the most common is to convey ownership between people who are related, like spouses, parents or other family members.
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What is the purpose of a quit claim deed?
A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.
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What is a quitclaim covenant?
A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.
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