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In this video, Seth from the REtipster blog explains what a quitclaim deed is and when it is used. A quitclaim deed is a document used to transfer ownership of real estate. Unlike a warranty deed, where the seller promises clear title, a quitclaim deed makes no such guarantee. This makes it less common in real estate transactions where clear title is a priority. If you want to learn how to prepare a quitclaim deed, watch the video.