Quit Claim Deed

QUIT CLAIM DEED

This Quit Claim Deed is made on this day of , , by and between Grantor: whose address is ; and Grantee: whose address is .

Situated in the County of , State of .

RECITALS

WHEREAS, Grantor is seized of or otherwise has an interest in certain real property located in the County and State set forth above and more particularly described below; and

WHEREAS, Grantor desires to quitclaim, release and convey to Grantee all of Grantor's right, title and interest in and to the real property described in Section 3, without warranty of title, and Grantee desires to accept such conveyance; and

WHEREAS, the parties acknowledge that the conveyance pursuant to this instrument is intended to effect a transfer by quitclaim and not to create any new covenants or warranties except as expressly provided herein.

NOW, THEREFORE

For and in consideration of the sum of lawful money of the United States, receipt of which is hereby acknowledged, and other valuable consideration, Grantor does hereby remise, release and quitclaim unto Grantee all right, title, interest, claim and demand which Grantor has in and to the following described real property, together with all appurtenances thereto.

1. GRANT AND CONVEYANCE

Grantor, for the consideration stated above, conveys and quitclaims unto Grantee, and to Grantee's heirs and assigns, all of Grantor's right, title and interest in and to the Property described in Section 3. This conveyance is a quitclaim and conveys only such interest as Grantor may have, if any, and does not constitute a warranty of title, express or implied, except as expressly provided in this instrument.

2. CONSIDERATION

The receipt and sufficiency of the consideration recited herein are acknowledged by Grantor. No further consideration is necessary to effect the conveyance described herein, and Grantor expressly releases any and all claims to additional compensation in respect of the interest conveyed by this Quit Claim Deed.

3. DESCRIPTION OF PROPERTY

4. TITLE AND ENCUMBRANCES

The interest conveyed by this Quit Claim Deed is subject to any easements, rights-of-way, covenants, conditions, restrictions, liens, encumbrances, and assessments of record, whether or not the same are specifically described herein. Grantor makes no representation as to the existence or extent of any such matters affecting the Property.

5. NO WARRANTIES

Grantor expressly DISCLAIMS any and all warranties, whether express or implied, including but not limited to any warranty of title, quiet enjoyment, or fitness for any particular purpose. Grantor conveys only whatever interest, if any, Grantor possesses at the time of the delivery of this instrument.

6. HABENDUM

To have and to hold the Property, together with all and singular the rights, privileges, and appurtenances thereunto belonging, unto Grantee, and to Grantee's heirs and assigns forever, subject, however, to the matters set forth in this instrument.

7. FURTHER ASSURANCES

At Grantee's request and expense, Grantor agrees to execute and deliver such other instruments and to take such other actions as may be reasonably necessary to effectuate the intent of this Quit Claim Deed and to transfer to Grantee whatever right, title and interest Grantor may have in the Property.

8. TAXES AND ASSESSMENTS

Any real estate taxes, assessments, or other governmental charges assessed against the Property shall be the responsibility of the party required by applicable law to pay such items for the period in question. The parties agree that adjustments for taxes and assessments, if any, shall be made as of the date of recording of this instrument unless otherwise agreed in writing.

9. NOTICES

All notices required or permitted under this instrument shall be in writing and shall be delivered in accordance with the addresses provided above or such other address as a party designates by written notice to the other.

10. RECORDING

This Quit Claim Deed shall be recorded at Grantee's expense in the office of the County Recorder or other appropriate recording authority. The party causing this instrument to be recorded shall pay any recording fees and transfer taxes required by law.

11. AMENDMENTS; WAIVER; COUNTERPARTS

This instrument may not be amended or modified except by an instrument in writing signed by both Grantor and Grantee. No delay or failure to exercise any right, power or privilege under this instrument shall operate as a waiver thereof. This Deed may be executed in counterparts and by electronic or facsimile signature, each of which shall be an original and all of which together shall constitute one and the same instrument.

12. GOVERNING LAW

This Quit Claim Deed shall be governed by and construed in accordance with the laws of the State of , without regard to choice of law principles.

13. ENTIRE AGREEMENT

This instrument contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions, whether oral or written, between the parties.

14. SEVERABILITY

If any provision of this Quit Claim Deed is held to be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not be affected or impaired.

15. MISCELLANEOUS

The headings in this instrument are for convenience of reference only and shall not affect the construction or interpretation of any provision hereof. References to Grantor and Grantee include their respective heirs, successors and permitted assigns.

ACKNOWLEDGMENT

The parties acknowledge that this Quit Claim Deed may be presented for acknowledgment before a notary public and recorded in the appropriate public records. The parties agree to cooperate in the preparation and execution of any acknowledgment, affidavit, or other documentation reasonably required to accomplish recording.

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