There tends to be a lot of confusion over this term, but here’s the 411 on the quitclaim deed. Put simply, someone is quitting their claim on a property by relinquishing it over to someone else, including interest, but without representation or warrantees.
However, there are a few ways in which this can turn into a fraudulent situation. Watch this week’s video to find out how someone might be able to pull this off and how you can protect yourself and your property from falling victim this crime with the help of title insurance.
You can always contact Stiles Law by calling (781) 319-1900.
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