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Attorney Robert Less discusses the risks of acquiring property through a quitclaim deed in his video. A quitclaim deed conveys the owner's interest to another party but does not guarantee clear title, meaning the buyer could inherit existing liens on the property. This presents significant risks for buyers. Quitclaim deeds are commonly used in situations such as divorce, where one spouse transfers property interest to the other, or when parents convey property to their children. They are also used when a member of a limited liability company transfers their share of property. Always consider these dangers before purchasing property with a quitclaim deed.