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Seth from the REtipster blog provides an overview of quitclaim deeds in this video tutorial. A quitclaim deed is used to transfer ownership of real estate from one party to another. Unlike warranty deeds, which promise clear title with no defects, quitclaim deeds do not guarantee the absence of liens or other encumbrances on the property. While warranty deeds are more common, quitclaim deeds can be useful in certain situations.
