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Deeds are instruments used to transfer property interests, with quitclaim deeds being a common type in real estate. This overview covers quitclaim deeds' functions, their implications for mortgages, and typical applications. There are three main types of deeds: general warranty, special warranty, and quitclaim deeds. General warranty deeds provide the highest protection, while quitclaim deeds offer the least. Key points about quitclaim deeds include that they do not guarantee the property is free from liens or other claims, nor do they ensure the grantor legally owns the property or has the capacity to transfer title. Essentially, quitclaim deeds provide no protections for the grantee, the individual receiving the property interest.