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Quitclaim Deed
Real Estate Investing Definition

The definition of Quitclaim Deed is:

A deed which transfers whatever interest the maker of the deed may have in the particular parcel of land. A quitclaim deed is often given to clear the title when the grantor's interest in a property is questionable. By accepting such a deed the buyer assumes all the risks. Such a deed makes no warranties as to the title but simply transfers to the buyer whatever interest the grantor has. (See deed.)

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