| by the same assets. The most common consumer refinancing is for a home mortgage.A quitclaim deed is a term used in property law to describe a document by which a person disclaims any interest the grantor might have 2nd home loan mortgage a piece of real property, and passes that claim to another person (the grantee). 2nd home loan mortgage a typical deed, a quitclaim deed neither warrants nor professes that the grantor's claim was actually valid. While a grant deed is normally used for all real estate sales and transfers, quitclaim deeds are sometimes used for transfers between family members, gifts, and other special or unusual circumstances. Quitclaim deeds are also used by tax authorities 2nd home loan mortgage selling properties seized for nonpayment of taxes. In most common law jurisdictions, a quitclaim deed is no technically considered to be a deed at all. It fails to meet all five traditional tests of a true deed found in common law. Instead 2nd home loan mortgage is considered to be an instrument of estoppel. Title companies often will not issue title insurance based on a quitclaim deed. In most jurisdictions, a grantee in a |
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