A **Quitclaim Deed** is a legal document used in real estate transactions to transfer ownership interest in a property from one party to another. Unlike a warranty deed that guarantees clear ownership, a quitclaim deed offers no warranties or guarantees regarding the property’s title. Instead, it simply transfers the grantor’s interest in the property, if any, to the grantee. Quitclaim deeds are often used in situations where the parties involved have a pre-existing relationship, such as family members, or when clarifying property boundaries. It’s important to consult with legal professionals when using a quitclaim deed to ensure a clear and accurate property transfer.

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