What is a Quitclaim Deed?

A Quitclaim Deed is a legal document that conveys any title interest the grantor possesses in a property to another individual or entity, without providing any warranties about the title's quality or extent. This means that if the grantor has a claim to the property, it is transferred to the recipient, but if the grantor has no valid claim, the recipient receives nothing substantial. This type of deed is commonly used in situations where property is transferred between family members, during divorce settlements, or when clearing up title issues.

The Quitclaim Deed is distinct from other types of deeds, such as warranty deeds, which guarantee the grantor has a valid title and certain protections. Understanding this nuance is crucial, as a Quitclaim Deed does not protect the grantee; it merely transfers whatever interest the grantor has, if any. This characteristic is what makes this option the correct choice for defining a Quitclaim Deed.