Quit Claim: When an third party individual (such as a family member or inlaw) can be percieved to have a possible claim on a piece of property that is being transferred by a seller to a buyer. These third parties will often be required to sign a "quit claim" to leave the transfer unencumbered by any possible future claims they might have. They literally "quit" or give up any and all claims on that piece of property. I suppose that it doesn't have to be family either, any individual who might have a real or percieved claim could sign a quit claim In my case I have a quit claim where my grandmother and grandfather, plus all my grandmother's sisters and their spouses but one signed a quit claim when my great grandfather sold his house and land in South Gardiner, ME. to the remaining sister for $200 and her promise to take care of him until his death. Bill Lander Cleveland, TN.