Quit Claim Deed is a legal instrument by which the owner of real estate located in Tennessee moved his interests to a recipient. The owner terminates its right and claim to the property thereby allowing their claim to transfer.
Quit claim deed form Tennessee contains no title Pact and does not offer the recipient makes any warranties regarding the title. The recipient is only entitled to whatever interest the grantor actually owns at the time of transfer. Due to this lack of warranty, quit claim deeds is most often used for the transfer of ownership between family members as gifts, divorce proceedings or in other special circumstances?
Quitclaim deeds can be used for transferring property rights between parties with no guarantee of the seller to the buyer. This kind of Act will often add or remove someone from the title to the property.