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the next type of deed is the quitclaim deed a lot of people mistakenly understand this to be like the superior deed while the quitclaim deed actually offers the least amount of protections and that it offers no protections to the buyer whatsoever hi im tiffany weber and i am a lake norman real estate attorney in north carolina and today were going to talk about the different types of deeds so a deed is an instrument that conveys ownership from one person to another or one company to another person and thats just how you gain ownership of your property and there are several different types of deeds that were going to talk about but before we get into that you need to have an understanding of what fee simple ownership is so fee simple is kind of a law school term it describes absolute ownership of property so that means that you have the right to do everything that you can do with your property so a property professor in law school would call this the bundle of sticks so as a propert