What does QUIT CLAIM DEED mean? Also what does it mean when you have a mortgage apart of a QUIT CLAIM DEED? Do still have to go to probate?
State/Country relating to question: Illinois
A quitclaim deed is one in which the grantor makes no warranty as to the validity of their title being transferred. It conveys whatever title, if any, the grantor has.If the property is conveyed by quitclaim any mortgage remains on the property. If the property was the subject of a conveyance before the death of the grantor then it would not be part of the probate estate of that grantor.
Over 25 years of practice.
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