Grantor, Grantee, Grant Language

• The grantor is the original owner of the property. The grantee is the new owner. While the deed form may vary slightly from state to state, most deeds provide a line for the names and addresses of the grantor and grantee. The preparer must write the names on the appropriate lines. Furthermore, the deed must contain the appropriate grant language in order to be a quitclaim deed. Language such as "quitclaims to" or "forever relinquishes and quitclaims any and all interest in" is commonly found in the quitclaim deed. The preparer should check the deed for this grant language.
  
  

Consideration

• The consideration is the value given for the property transfer. Quitclaim deeds have a line reading "For valuable consideration of" followed by a line to insert a dollar amount. The preparer needs to state that some consideration was given, though the exact amount need not be written if the words "and other valuable consideration" are on the deed (according to RealTown.com).
  
  

Legal Property Description

• The preparer must know the legal description of the land. According to the Wisconsin Department of Natural Resources, the information is commonly found on the property tax bill or on the original property deed. The land records office in the county where the land is located can also provide this information. In addition to the legal description, include other identifying information such as the street address.
  
  

Sign, Notarize, Record

• For the deed to be valid, it must be signed by the grantor. Some states require quitclaim deeds to be notarized. Once completed, the deed must be delivered to the grantee to complete the transfer. The grantee should file the deed with the land records office -- a process called "recording the deed." Recording the deed puts the public on notice that ownership in that parcel of land has transferred hands.