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In this video, attorney Robert Less discusses the risks associated with purchasing property via a quitclaim deed. Unlike a warranty deed, which guarantees the seller's title, a quitclaim deed only transfers the interest the seller has, which may be subject to existing liens that the buyer assumes. This method is often used in divorce cases, where one spouse transfers their interest to the other, or in familial transfers, such as a parent giving property to their children. Less cautions that using a quitclaim deed can pose significant risks for buyers, making it essential to fully understand what is being acquired before proceeding with such a transaction.