A quitclaim deed is considered "executed" when the Grantor signs the deed AND the grantee accepts delivery of the deed. Each state has their own laws to determine the validity of the grantor's signature. Some states require that there are 2 witnesses present to view the signing of the quitclaim deed, other states only require the grantor's signature to be notarized.
Many people think that the quitclaim is executed when it is recorded however that is not true. In most cases a quitclaim deed does not even need to be recorded to be valid. It is really a good idea to record the deed to protect your interest in the property though.
Recording the deed serves as public notice that the interest in the property has transferred. This is important in that it helps create the chain of title for the property and serves notice to anyone who feels that the have an interest in the property. |
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