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North Carolina Corrective Quitclaim Deed Information

    North Carolina Law

    • The General Statutes of North Carolina in Chapter 39, "Conveyances," contains the statutory law governing conveyances of property. The quitclaim deed is recorded in the county where the property is located. North Carolina law does not require witnesses besides the notary, nor is the grantee required to sign along with the grantor.

    Significance

    • A quitclaim deed conveys only the interest, if any, that the grantor possesses in a particular piece of property. The grantor does not warrant or make a guarantee that he has any interest in the property, unlike he would do in a normal general warranty deed.

    Benefits

    • A quitclaim deed is useful in the situation where a party is not certain that he has an interest in a piece of property, since the party can execute the document and clear the title while not having to warrant or guarantee anything.

    Considerations

    • Family members normally use a quitclaim where, for example, property has been left to a number of heirs who wish to consolidate in one party, or in the case of divorcing spouses, where one party is to receive the marital home.

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