Quit Claim Deed Legal Meaning and Definition

Here is a simplified definition of the legal term Quit Claim Deed.

Quit Claim Deed (n) - A legal document that is used to transfer, or "quit," any interest that the grantor (person giving the deed) might have in a certain piece of property to the grantee (person receiving the deed), without guaranteeing that the grantor actually possesses such interest or rights in the property.