Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Darrell Carter
  • Atlanta, GA
3
Votes |
10
Posts

what is a Quitclaim deed

Darrell Carter
  • Atlanta, GA
Posted

what does Tax deed...Sale by quit claim deed mean. I see this on a lot of properties on realtor.com

can someone explain in a Easy to understand way?

Most Popular Reply

User Stats

980
Posts
818
Votes
Edward B.
  • Investor
  • Midlothian, VA
818
Votes |
980
Posts
Edward B.
  • Investor
  • Midlothian, VA
Replied

Essentially, they are making no warranties that the title is clear, or that they even own the property. If the title is clouded (liens or encumbrances) or it turns out they didn't have the right to sell it, you have no recourse with the grantor short of fraudulent behavior.

As compared to a Warranty Deed which typically guarantees that you are getting title free and clear, or a Special Warranty Deed where the grantor is typically only guaranteeing the title for the period that they owned it, and nothing previous to that.

Loading replies...