Selling a house is complicated enough without title problems. But if you’ve used a quitclaim deed at some point, you might be wondering whether it will create issues when you want to sell your house fast. Complications arise when there are questions about who actually owns the property and whether any other parties can claim an interest in it.
A good example is a quitclaim deed, which can transfer property between parties but does not guarantee clear ownership. Sellers often ask, “Can you sell a house with a quitclaim deed?” The short answer? Yes, you can. But there are some hoops you’ll need to jump through that you wouldn’t face with a standard warranty deed.
What Is a Quitclaim Deed?
A quitclaim deed transfers whatever ownership interest someone has in a property with no guarantees attached. Think of it as an “as-is” transfer. Unlike a warranty deed, it doesn’t promise that the title is clear.
Quitclaim deed real estate ownership transfers pop up most often in divorces (removing an ex-spouse from the title) or when family members transfer property between themselves. They make no promises about liens or other issues, but only state that the seller relinquishes their claim.
However, the lack of protection against ownership claims means you should expect buyers and lenders to scrutinize the property and its documentation more closely when selling a house with a quitclaim deed.
Selling Property After a Quitclaim Deed
Many sellers ask, “Can you sell property after a quitclaim deed has been recorded?” If it was properly executed and recorded with the county, the new owner has the legal right to sell. You’ll need to tell potential buyers about it, though. Hiding it can blow up the sale later, or worse, lead to legal trouble.
The key to selling a house with a quitclaim deed is making sure the deed was filed properly with the county and that you actually own what you think you own. Title companies may require additional documentation of this. They often conduct a thorough title search to make sure there are no hidden liens, unpaid taxes, or ownership disputes, which you must resolve before moving forward.
Legal Risks of Quitclaim Deed Property Sales
There are potential legal risks of quitclaim deed property sales that sellers should understand. Because quitclaim deeds come with zero guarantees, there could be liens, unpaid property taxes, or even other people with ownership claims you don’t know about.
Most buyers will insist on title insurance, and their lender definitely will. A real estate attorney can help you sort through any title issues before they derail your sale.
Get Help Selling a House With a Quitclaim Deed
So, can you sell a house with a quitclaim deed? Yes, but it helps to work with an experienced buyer.
Cash buyers, especially those used to dealing with complicated titles and quitclaim deed property transfer rules, won’t walk away when they see a one. They’re often your best bet if you’ve also got liens or need to sell a house in probate.
For guidance and a fair cash offer, contact Wise Property Buyers at (313) 513-8824.