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In this video, attorney Robert Less discusses the risks of purchasing property via a quitclaim deed. Unlike a warranty deed, which guarantees clear title, a quitclaim deed only transfers the seller's existing interest, which may be subject to liens or other claims. Buyers are thus exposed to significant risks. Quitclaim deeds are commonly used in divorce settlements, where one spouse conveys their interest to the other, or in property transfers from parents to children. They are also utilized when a member of a limited liability company transfers their share to another member. Viewers are encouraged to subscribe for more legal insights.