Property transfers must be made in a writing called a “deed.” Deeds can be simple or complex documents. For transfers between relatives or close friends involving property that both parties are familiar with, a simple quitclaim deed is often used. In the quitclaim deed, the current owner (called the “Grantor"), gives up any and all interest in the land in favor of the new owner (called the “Grantee”). If the grantor never had an interest in the property to begin with, then the grantee would not receive any title to the land. The quitclaim deed contains no promises that the grantor has good and valid title. This is why it is typically used between parties who know each other very well.
Open a new document on your word processor. Center the cursor and type “Quitclaim Deed” in large, bold text.
Type the date of the transfer and who it is between. Include the word “quitclaim” in the description of the transfer. For example, you might write: “On [date], [Grantor’s name and address] quitclaims the property described below to [Grantee’s name and address].”
List the amount paid for the transaction. According to "Real Estate Principles," by Charles J. Jacobus, the deed may cite "nominal consideration" but omit the actual price paid for privacy sake. Essentially, you can write the exact amount or you can simply write: “In consideration for the transfer, the grantee paid $1 and other good and valuable consideration to the grantor.” The "consideration" for the transfer, even if nominal, makes the document a legally binding contract between the individuals once the deed is delivered and accepted by the grantee.
Describe the land at issue in the transaction. Use the land’s legal description. This can be found at the land records office in the county where the property is located. Write: “This quitclaim deed is made for the following real property: [insert description of land].”
Sign and date the quitclaim deed in the presence of a notary public. File it with the property records office in the county where the property is located.
Based in Traverse City, Mich., George Lawrence has been writing professionally since 2009. His work primarily appears on various websites. An avid outdoorsman, Lawrence holds Bachelor of Arts degrees in both criminal justice and English from Michigan State University, as well as a Juris Doctor from the Thomas M. Cooley Law School, where he graduated with honors.