Extension releases MontGuide on quitclaim deeds
January 29, 2021
Montana State University Extension has released the MontGuide “Quitclaim Deeds in Montana.” According to Marsha Goetting, family economics specialist, a quitclaim deed is a legal form that allows an owner to transfer real property, like land or buildings, to a grantee, who then holds the title to the property.
The grantee of a quitclaim deed accepts the risk of any known or unknown problems with the real property, Goetting cautioned. Unknown claims against the property could include a defect in a title, collection liens, missing heirs, unknown easements, survey disputes or a previous mo...