What Is a Quit Claim Deed Form

An Oregon quitclaim deed form is a written instrument that conveys a property owner’s current interest in Oregon real estate. When executing an Oregon quitclaim deed, the current owner—called the grantor—transfers ownership to a new owner—the grantee—with no warranty of title.

What is the main purpose of a quit claim deed?

A quitclaim deed offers the least level of buyer protection and is generally used for title transfers between family members or to clear a defect on the title.

Is a quit claim deed bad?

Quitclaim deeds are useful in title-clearing actions or simple transfers between family members or in a divorce. They are not useful in sales or other cases where a more firm guarantee of ownership on the part of the guarantor is needed.