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Don’t Let Your Ex Screw You With A Quitclaim Deed
One of my mortgage clients was facing divorce and asked me for advice about a quit claim deed that their ex gave to sign. Thank goodness she did because she was about to get screwed and didn’t realize it. You can learn from this story too…
DailyDollar Poll  
What did you do with your tax refund this year?
o Paid down my debt
o Stashed it in my savings
o Shopping!
o I didn’t get a refund this year
 
What Is A Quit Claim Deed?
A quitclaim deed (many people call it a “quick-claim” deed in error) is a legal document that transfers ownership and rights in a real property (house, land, condo, etc.) from one person to another.
I think people assume it is called a “quick-claim” deed because, in fact, it can be done quickly. It is just a simple one page document that gets signed and then you go record it at the county office so it is on public record.
You don’t really need a lawyer (I wouldn’t advise that) because you can find a suitable template to follow on the Internet just by copying an existing quit claim deed from public records that a law firm already did.
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