Quitclaim Deeds

Just a quick post on these, which are basically very simple to explain. A quitclaim deed simply gives you whatever interest the seller has in a piece of property, no warranties at all. If I have the whole property, mineral rights and all, you get it. If I have 1/10 of 1% of it, you get it. If I have nothing, well, you got it.

Don’t ever, ever, ever pay full price for a quitclaim deed.