what is a quitclaim deed 
a quitclaim deed usually includes a legal description of the property the name of the person who is transferring their interest the name of the person who is receiving that interest the grantee the date and both parties notarized signatures quitclaim deeds are typically used to transfer property in non sale situations such as transfers of property between family members they can be used to add a spouse to a property title after marriage remove a spouse from a title after divorce clarify ownership of inherited property transfer property into or out of a revocable living trust clarify an easement or change how a property s title is held a quitclaim deed makes no assurance that the grantor actually has an ownership interest in a property it merely states that if the grantor does they release those ownership rights as a result when accepting a quitclaim deed the buyer of a property accepts the risk that the grantor of the deed may not have a valid ownership interest and or that there may be additional ownership interests in the property title insurance is not issued in conjunction with a quitclaim deed types of quitclaim deeddeeds are usually differentiated by what they state or guarantee when the ownership is transferred from the grantor to the grantee buyer unlike a quitclaim deed a warranty deed can grant a certain level of assurances when ownership is transferred warranty deeds are typically used in property sales and are granted in two common forms general warranty deeds and special warranty deeds a general warranty deed provides the grantee with the highest form of protection because it assures that the grantor owns the property free and clear and that no other entity can place a claim on it this guarantee covers the entire history of the property even times when the grantor did not own the property if there are any breaches in this contract the grantor is held responsible a special warranty deed conveys that the grantor owns the property and that no one else has a claim to it for as long as they have owned it special warranty deeds are most commonly used during commercial real estate sales 