A New Jersey quitclaim deed transfers a property owner’s rights to a grantee. It’s commonly used for family transfers or divorce proceedings. Unlike a warranty deed, it doesn’t guarantee a clear title. Beware of misspellings like “quit claim” or “quick claim” deeds.
Laws & Requirements
Statute § 46:5-1 to 46:5-6: If the quitclaim deed contains “release,” “remise, release and quitclaim,” or “grant and release,” it’s interpreted as if the grantor “grants and conveys” to the grantee.
Signing Requirements § 46:14-2.1: The grantor(s) must sign and have the document notarized.
Recording Requirements The quitclaim deed must be filed at the County Clerk’s Office where the property is.
Transfer Tax: Yes
Additional Documents For tax exemptions use Form RTF-1. If consideration for the transfer is over $1,000,000, use RTF-1EE with the deed. Form GIT/REP-1 is needed for non-resident sellers unless exemptions apply.
Sample
Below, you can find what a New Jersey quitclaim deed typically looks like: