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Deeds are legal instruments used to transfer property interests, with quitclaim deeds being a common type. This summary covers quitclaim deed functions, including what they mean for mortgages and their typical applications. There are three main types of deeds: general warranty, special warranty, and quitclaim deeds, with general warranty deeds offering the highest level of protection and quitclaim deeds the lowest. Quitclaim deeds provide no warranties concerning liens, claims, or ownership of the property, meaning they do not ensure that the property is free from incumbencies or that the grantee can validly transfer title. Consequently, quitclaim deeds afford no protection for the grantee, the individual receiving the property interest.