Quick Claim Deed

What is Quick Claim deed?

Well, the answer to the 'what is quick claim deed' question is that quick claim deeds don’t exist!

What do Quick Claim deeds mean?

If you have ever dabbled in real estate, sold your home, or have unfortunately been involved with a foreclosure, then you have most likely heard someone say the words “quick claim deed” to you before.

The fact is, there is no such thing. Quick claim deeds are a ‘spoken typo’ that has caught on in a huge way, and nearly half or more of the people who say these words, even professionally, may not be aware that the real words they are trying to say is: “Quit claim deed.”

If there is not Quick Claim deed, what is Quit Claim deed?

A Quit claim deed is where the owner of a home signs a piece of paper saying that he no longer owns the home, and it is therefore assignable to another person. He Quits his Claim on it.

It is simply amazing that in a extremely competitive and serious industry like real estate, one of the most common documents can be referred to wrong so often. Real estate quick claim deeds are like an urban legend, one that the majority of the public has gotten firmly implanted in their brains.

Warning about Quick Claim Deed

The most serious realtors and investors won’t make the 'Quick Claim Deed' mistake, and will be able to judge your level of experience well if they hear you say it the wrong way…

So the next time you sell your home, don’t be in too much of a rush to ask for a free quick claim deed form!