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Deeds are used to transfer property interest between parties, with quitclaim deeds being commonly used in real estate. This type of deed offers the lowest level of protection compared to general or special warranty deeds. Quitclaim deeds do not provide warranties on the property's lien status, incumbencies, or legal ownership. There are no guarantees that the grantee can transfer title, making quitclaim deeds offer no protection for the grantee.