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Correct Quitclaim Deed

Correct Quitclaim Deed

Aug 6th, 2022

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How to Correct Quitclaim Deed

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69 votes

Deeds are essential for transferring property interests, with quitclaim deeds being a common type in real estate transactions. This summary outlines the key aspects of quitclaim deeds, their implications for mortgages, and their typical uses. 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 lowest. Importantly, quitclaim deeds do not ensure that the property is free from liens or claims, do not confirm the legality of ownership for the grantor, and make no guarantees regarding the grantee's ability to transfer title. Essentially, quitclaim deeds provide no protection for the grantee, the individual receiving the property interest.

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