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e buying real estate, they use a warranty deed to ensure clear title. However, a quitclaim deed is another option for transferring ownership without guaranteeing a clear title. It is a document used to transfer property between parties without any promises or warranties regarding title defects. This type of deed is commonly used in situations where the parties know and trust each other, such as family transfers or correcting title issues. A quitclaim deed can be a useful tool in certain circumstances, but it's important to understand the implications and potential risks before using it.
