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e transferring real estate, a warranty deed is typically used. However, a quitclaim deed is also an option for transferring ownership of real estate. A quitclaim deed is a document that transfers ownership without any guarantees about the title or any existing liens on the property. It is a simple way to transfer ownership quickly and easily, but lacks the protections of a warranty deed. Ultimately, the use of a quitclaim deed depends on the specific circumstances and the level of risk the parties are willing to take.
