The term for a legal document relinquishing a legal claim to some property is a “quitclaim deed.” It is not a “quick claim,” and “quitclaim” is a single word.
Quitclaim deed doesn't release you from paying loan Q. I am a 71-year-old divorced woman with a lot of debt. I work part time to supplement Social Security. I own a house and a condo. I bought the condo when prices were high. I discovered I didn't like condo living and rented it out and bought a house. I have mortgages on both. The person who holds my condo mortgage is willing to take it back with a quitclaim deed. Will I ruin my credit? Will I ...
July 1, 2013 - Detroit News