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A quitclaim deed is a common type of deed used in real estate to transfer property interest between parties. Unlike general or special warranty deeds, quitclaim deeds offer the lowest level of protection to the grantee. They do not provide any warranties that the property is free from liens or claims, certify that the property is free of encumbrances, or guarantee that the grantee legally owns the property. Essentially, quitclaim deeds offer no protection for the grantee in terms of title transfer and ownership.
