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In this video, Seth from the REtipster blog provides an overview of quitclaim deeds. A quitclaim deed is a document used to transfer real estate ownership from one party to another. It differs from a warranty deed, which guarantees that the seller has clear title to the property without any defects or encumbrances. While warranty deeds are commonly used in real estate transactions, quitclaim deeds may be appropriate in certain situations, such as transferring property between family members or when the title is not in dispute. Seth explains when it makes sense to use a quitclaim deed and offers tips on how to prepare one.