Alabama Quitclaim Deed
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Alabama Quitclaim Deed
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An Alabama quitclaim deed conveys ownership interest of a property from a Grantor (seller) to a Grantee (buyer). It is mostly used during a divorce when ownership of the property is transferred or any type of arrangement where the Grantor’s ownership of the property is common knowledge. At the same time, the quitclaim deed does not prove that the grantor owns the ownership interest that is being given up to the grantee. In essence, they’re giving up or quitting their claim to real estate.
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