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e buying or selling real estate, a warranty deed is typically used, which guarantees free and clear ownership. However, a quitclaim deed is also an option to transfer ownership without any guarantee of title and is commonly used in non-traditional situations. It can be a useful tool in specific circumstances, such as transferring property between family members or changing ownership between related parties. The process of creating a quitclaim deed involves specifying the grantor, the grantee, and the property being transferred, and the document must be signed and notarized for it to be legally binding. Overall, a quitclaim deed can be a simple and efficient way to transfer ownership of real estate when traditional methods are not necessary.
