Qualified Endorsement is an endorsement that passes title to a negotiable instrument with certain restrictions. For example, writing "without recourse" on the back of the check would create a qualified endorsement.
What is a qualified endorser?
Qualified indorsement (or endorsement) is an indorsement that passes title to a negotiable instrument with certain restrictions.
What are the 4 types of endorsements?
Blank or General Endorsement. Full Endorsement or Special Endorsement. Conditional Endorsement. Restrictive Endorsement.