Explore the Energy Glossary

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quitclaim

1. vb. [Oil and Gas Business]

To convey whatever interests a grantor has at the time this particular instrument is executed. The grantor does this without warranty of title, either express or implied.

2. n. [Oil and Gas Business]

A legal instrument of conveyance that is usually used in title curative work to allow an owner or claimant to quit or give up their claim to a title.