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In real estate transactions, typical sales involve warranty deeds, general warranty deeds, or special warranty deeds. This tutorial focuses on identifying properties associated with non-warranty deeds, such as quick claim deeds or gift deeds, often indicating that the property was acquired with little or no financial investment, often through inheritance or divorce. Owners of these properties may have less sentimental attachment and care compared to those who purchased their properties outright. As a result, when these properties become burdensome, such homeowners are more likely to consider selling or discarding them, presenting potential opportunities for investors.
