DMVDeeds.com is a legal services company that specializes in the preparation of no-consideration deeds for property owners in Maryland and the District of Columbia. These deeds are frequently referred to as “quit claim” or “quick claim” deeds.

No consideration deeds are typically used by individuals who are engaged in real estate transactions with family members or entities controlled by them. We frequently prepare deeds in the following situations:

• Divorces: Oftentimes, divorcing couples need to prepare no-consideration deeds to transfer property between themselves pursuant to a Judgement of Absolute Divorce or Marital Settlement Agreement.

• Estate Planning: As part of an estate plan, property owners will often transfer property that they own in their own names to a trust created by them.

• Liability Protection: Investment property owners will frequently transfer property they own in their individual names to a newly created limited liability company for liability protection reasons.

• Intra-Family Transfers: Oftentimes, individuals will add family members to the title of their property, including, children, parents and siblings.

• Life Events/Name Changes: When people get married or divorced and change their names, they frequently want to change how their names appear on the deed to real estate they own or change how the property is vested.

There are also a number of other reasons why an individual may convey property pursuant to a “no consideration” deed.

As its name implies, when a “no consideration” deed is used, it means that no payment (cash or otherwise) is being made by the parties for the interest in the property. “No consideration” deeds are not used for typical arms-length purchases and sales of property.