What is Quitclaim deed?
This is a legal instrument that is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee. Does not provide the warranty or protections of a warranty deed.
Further Reading
For more detailed information, see our related Real Property terms:
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