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e transferring real estate, a warranty deed is the most common type used, ensuring the buyer that the seller has clear title to the property with no encumbrances. In contrast, a quitclaim deed transfers ownership without any warranty or guarantee of title. This type of deed is often used in situations where the parties already know and trust each other or are transferring real estate as a gift. It is important to understand the implications of using a quitclaim deed and to consult with a real estate attorney before proceeding with this type of transfer.
