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e transferring real estate, a warranty deed is the preferred option as it ensures a clean title transfer without any encumbrances. However, a quitclaim deed is another option that can be used to transfer ownership from one party to another. Unlike a warranty deed, a quitclaim deed does not provide any guarantees or warranties regarding the title of the property. This type of deed is usually used in situations where the parties know and trust each other, such as transferring property between family members or divorcing spouses. If you are considering using a quitclaim deed, it's important to understand the implications and potential risks involved in this type of transfer.
