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In the realm of real estate transactions, the Quitclaim Deed serves as a crucial tool for property owners in North Dakota looking to transfer ownership rights. This form allows one party, known as the grantor, to convey their interest in a property to another party, referred to as the grantee, without making any guarantees about the title's validity. Unlike other types of deeds, such as warranty deeds, a Quitclaim Deed does not provide any assurances regarding the absence of liens or encumbrances on the property. This means that the grantee accepts the property "as is," which can be beneficial in situations where trust exists between the parties involved. The form typically requires specific information, including the names of both the grantor and grantee, a legal description of the property, and the date of the transfer. Additionally, it must be signed by the grantor and often needs to be notarized to ensure its validity. Understanding the Quitclaim Deed is essential for anyone involved in property transactions in North Dakota, as it outlines the rights being transferred and helps clarify the intentions of the parties involved.

Sample - North Dakota Quitclaim Deed Form

North Dakota Quitclaim Deed

This Quitclaim Deed, executed this ____ day of ___________, 20__, by ______________________________________________________________________ (hereinafter referred to as the "Grantor(s)") to ______________________________________________________________________ (hereinafter referred to as the "Grantee(s)"), transfers whatever interest the Grantor(s) has in the property described below to the Grantee(s). The Grantor(s) makes no warranties regarding the title of the property.

Consideration

In consideration of the sum of $________________, receipt of which is hereby acknowledged, the Grantor(s) quitclaims to the Grantee(s) the following described property in the State of North Dakota:

Legal Description of Property:

________________________________________________________________________________________________

County: _______________

Property Address (if any): ____________________________________________________________________

Parcel ID Number (if known): _________________________________________________________________

This conveyance is subject to the following conditions and reservations:

  • Current and future taxes and assessments;
  • Easements, restrictions, and reservations of record;
  • Any rights, title, and interest of tenants in possession.

The Grantor(s) hereby release and quitclaim to the Grantee(s) all right, title, interest, and claim in and to the premises hereby conveyed.

Grantor’s Signature

__________________________________ Date: _______________

Print Name: ________________________

Grantee’s Signature

__________________________________ Date: _______________

Print Name: ________________________

State of North Dakota

County of ____________

On this, the ____ day of _______________, 20__, before me, a Notary Public in and for said state, personally appeared ________________________________________________, known to me (or satisfactorily proven) to be the person(s) whose name(s) is/are subscribed to the within instrument, and acknowledged that he/she/they executed the same for the purposes therein contained.

In witness whereof, I hereunto set my hand and official seal.

__________________________________

Notary Public

My Commission Expires: _______________

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PDF Overview

Fact Name Details
Definition A quitclaim deed transfers ownership interest in a property without guaranteeing the title.
Governing Law North Dakota Century Code, Chapter 47-19.1 governs quitclaim deeds in North Dakota.
Usage Commonly used to transfer property between family members or to clear up title issues.
Requirements The form must be signed by the grantor and notarized to be valid.
Filing After completion, the deed must be filed with the county recorder’s office.
Limitations The quitclaim deed does not protect the grantee from any liens or claims against the property.
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