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Attorney Robert Less discusses the risks associated with purchasing property through a quitclaim deed in his video. Unlike a warranty deed, a quitclaim deed only conveys the seller's existing interest, which may be subject to liens that the buyer inherits. This creates a significant risk for the buyer, as they may take on debts or claims against the property. Quitclaim deeds are often used in divorce scenarios, where one spouse transfers their interest to the other, or when parents transfer property to their children. They may also apply when a member of a limited liability company shares their property interest with others. Viewers are invited to subscribe to the channel for more legal insights.