The following witness clause is permissible. This type of conveyance is used by mortgage lenders when a borrower has paid off their mortgage with the debt having been satisfied, the lender no longer has conditional claims to the property. collision or contact of vessel craft or conveyance with any external object other than water 1.1.5 discharge of cargo at a port of distress 1.1.6 earthquake volcanic eruption or lightning, 1.2 loss of or damage to the subject-matter insured caused by 1.2.1 general average sacrifice 1.2.2 jettison or washing overboard 1.2. necessary to ensure the requirements of a valid conveyance are met. Reconveyance deeds are used when prevailing conditions have changed and the deed needs to be "re-conveyed".either in restrictive covenants or reverter or forfeiture clauses. Quitclaim deeds are often used for gifting title as it is a basic type of deed that simply convey that the grantor does not hold any interest in the property being transferred. (3) All reverter provisions in any conveyance of real estate or any interest therein. Chapter 5302 Statutory Forms Of Land Conveyance. The grantor of a quitclaim deed makes no assertion over the ownership or condition of the property. Updates may be slower during some times of the year, depending on the volume of enacted legislation.
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