A quitclaim deed allows you to transfer your ownership interest in a property to someone else. Depending on how the transfer is structured, it could have tax implications for either the person ...

Quick ReadA quitclaim deed gift locks in the parent's 1979 cost basis, turning a $450,000 home sale into a $370,000 taxable gain the daughter must pay.A life estate deed also skips probate but keeps ...

A quitclaim deed, sometimes referred to as a non-warranty deed, is a document used to transfer interest in a property. Common terms utilized alongside quitclaim deeds are "grantor" and "grantee." In ...

Quitclaim deeds transfer property rights without guaranteeing clear title. Use quitclaim deeds for trusted transactions, like altering family property titles. Avoid quitclaim deeds with strangers to ...

Quit using quitclaim deeds. These little gems are the bane of title insurance companies and lawyers everywhere. A quitclaim deed is a document where the grantor uses words such as "remise, release and ...

We’ve all heard this shop-worn expression. Its origin is the shenanigans of George C. Parker, who was famous (or, rather, infamous) for selling the Brooklyn Bridge multiple times to new, unsuspecting ...

A quitclaim deed is a legal document that transfers ownership of a real estate property from one party to another. A quitclaim deed doesn't guarantee that the grantor or signer has any right to the ...

When someone buys or sells a home, the purchase and transfer of the property is always facilitated by a real estate deed, which is a written document that legally transfers the ownership of a property ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

There are instances when the owner or owners of a given property or real estate parcel seek to dispose of that ownership without a traditional sale. Alternatively, friends or family members may wish ...