Grantor and Grantee
Full legal names and capacities of the parties, including business designations where applicable; mismatches can delay recording or require corrected deeds.
A Quit Claim Deed transfers present interest quickly and with minimal formality compared with a warranty deed.
Typical users include homeowners, family members, divorcing spouses, and small business owners making internal transfers.
The person or entity giving up their interest in the property. The grantor must sign the deed, acknowledge it before a notary, and provide accurate legal-name and identity information to avoid recording or title issues.
The recipient of the conveyed interest. The grantee should confirm the deed’s legal description and recording to protect priority; acceptance is typically presumed once the deed is delivered and recorded.
Full legal names and capacities of the parties, including business designations where applicable; mismatches can delay recording or require corrected deeds.
A clear statement of consideration (nominal or monetary) to document the transfer; New York does not require a high sum, but language should avoid vagueness.
Complete metes-and-bounds or lot-and-block description used for public records; a street address alone is typically insufficient for recording purposes.
Short clause describing the interest transferred (e.g., 'with all right, title, and interest'), clarifying the extent of conveyance even where no warranties are given.
Notarial acknowledgement per New York requirements to support recording; typically includes notary signature, seal, and date of acknowledgment.
Space for county clerk recording stamps, return-to instructions, and transfer tax details used when submitting the deed for recording.
Electronic workflows can speed preparation and signature collection when combined with compliant notarization and secure storage.
| Criteria | Quit Claim Deed | Warranty Deed |
|---|---|---|
| Assurance of Title | ||
| Typical Use | intra-family transfers | sale to third party |
| Grantee Protection | minimal | broad |
| Title Insurance | often no | commonly yes |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | No | No | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |