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Quitclaim Deed to be used to convey property ownership to a married couple as a tenancy by the entirety

A Quitclaim deed allows for the transfer of a share of interest in property. What makes a quitclaim deed unique is that the grantor does not guarantee or warrant anything when transferring his or her share. The grantor may in fact not have title or interest in the property. Some common uses for quitclaim deeds are to transfer title between family members, in a divorce when one spouse will "quitclaim" his or her interest in the family home to the other spouse for example, or to transfer real property into a trust or to a corporation. Tenancy by the entirety is used in some states by married couples to hold title to property together. The laws and requirements vary from state to state, and should be consulted before proceeding with a deed, but all states require that two people be married to take title this way. Some states, such as Illinois, require that the property be the primary personal residence. Tenancy by the entirety differs from joint tenancy and tenancy in common because it requires the consent of both parties before the tenancy may be broken. One benefit of taking title this way is that only creditors of both the husband and the wife may attach the property, a creditor of just one spouse may not reach the property. At the time of this writing the following states recognize tenancy by the entirety: Alaska, Arkansas, Delaware, District of Columbia, Florida, Hawaii, Illinois, Indiana, Kentucky, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Mississippi, New Jersey, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Vermont, Virginia, Tennessee and Wyoming. Use this document to create a quitclaim deed conveying property to a married couple by a tenancy by the entirety.

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