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How to Discard Approve Deed For Free
In this video, attorney Robert Lesss warns about the risks of purchasing a property and receiving title under a quitclaim deed. Unlike a warranty deed, a quitclaim deed only transfers the interest that the seller has, which could be subject to liens on the property that the buyer now assumes. Quitclaim deeds are commonly used in divorce cases, parent-to-child property transfers, and transfers within limited liability companies. It is important to understand the potential risks involved before choosing this type of deed. Subscribe to his channel for more legal topics.
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