Quitclaim Deed Definition

A quitclaim deed is a legal document in which one person transfers her interest in a piece of property to someone else without making any guarantees of possession. The person who issues the deed is known as the”grantor,” because she is granting her rights to another party; the recipient of the deed is known as …


Escrow Holder Definition

Purchasing a house or other property frequently calls for an escrow fund–a particular deposit account where deeds or funds are held until the final is held or alternative closing states are met. The holder of the account plays an important role in securing and releasing funds to the proper party. Responsibilities of the Escrow Holder …


How to Add Someone to an Apartment Lease

Your current rental agreement specifies the number of people allowed to reside in your flat, and also whoever is named on the agreement is legally responsible for repairs and rent. If you want someone to proceed with you, consult with your landlord to determine whether it’s allowed and what the appropriate procedure is for the …