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In this video, attorney Robert Less discusses the dangers of acquiring property via a quitclaim deed. He explains that a quitclaim deed transfers only the seller's interest, without guaranteeing that the title is free of liens or claims, placing the buyer at significant risk. Unlike a warranty deed, which provides protections and assurances, a quitclaim deed offers no such assurances. These deeds are often utilized in divorce situations, where one spouse transfers their interest to the other, or when parents convey property to their children. They may also be used within limited liability companies when members transfer their shares in property ownership.