What type of deed is, in effect, a release of whatever interest or rights the grantor has in the property.
Quitclaim Deed
The type of deed that is, in effect, a release of whatever interest or rights the grantor has in the property is called a “Quitclaim Deed.” A Quitclaim Deed is commonly used to transfer property ownership between family members or to clarify title issues. Unlike a Warranty Deed, a Quitclaim Deed does not guarantee that the grantor has clear title to the property being transferred. Instead, it simply conveys whatever interest or rights the grantor has in the property to the grantee. Therefore, it is important for a grantee to conduct a thorough title search before accepting a property transfer through a Quitclaim Deed to ensure that there are no undisclosed liens or other title issues.
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