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Deeds facilitate the transfer of property interests between parties, with quitclaim deeds being a common type in real estate. A quitclaim deed offers the lowest level of protection, in contrast to general warranty deeds, which provide the highest. Key points include that quitclaim deeds do not guarantee the property is free from liens or other claims, nor do they ensure the grantee legally owns the property or has the ability to transfer the title. Consequently, quitclaim deeds offer no warranties or protections for the grantee, who is the recipient of the property interest.