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In this video, attorney Robert Lesss discusses the potential hazards of acquiring property through a quitclaim deed. Unlike a warranty deed, a quitclaim deed only transfers the seller's interest in the property, which may be encumbered by liens that the buyer then assumes. This method is commonly used in divorce, parental property transfers, and within limited liability companies. Purchasing property via a quitclaim deed involves taking on significant risks. Subscribe to his channel for more legal content.