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Deeds are used to transfer property interest, with one common type being a quitclaim deed. This type of deed offers the lowest level of protection, as it does not warrant that the property is free from liens, claims, or encumbrances. It also does not guarantee that the grantee legally owns or has the ability to transfer the property. Quick claim deeds provide no protections for the grantee, making it essential to be cautious when dealing with them.