Final answer:
True, the terms "remise, release and otherwise quitclaim" are historically used in quitclaim deeds, but "quitclaim" is the essential word required. The term "grant" is not used because there are no warranties, but the parties are still referred to as "grantor" and "grantee".
Step-by-step explanation:
True, in a quitclaim deed, the words "remise, release and otherwise quitclaim" are traditionally used as words of conveyance. However, the only word essentially required to perform the conveyance is "quitclaim." Unlike warranty deeds, quitclaim deeds do not include any warranties of title, so the word "grant" is not typically used in this context.
Nonetheless, the terms "grantor" and "grantee" are still used to refer to the parties involved in a quitclaim deed. This is because these terms simply denote the person transferring the property (grantor) and the person receiving the property (grantee), irrespective of the level of warranty provided.
The provided information along with references to historical codes and statutes like those from Form 405, as well as notions such as restrictive covenants, adds context to the understanding of property law, transfers, and the specifics of different types of deeds.