What is the primary function of a Quitclaim deed?

The primary function of a Quitclaim deed is to convey only the interest that the grantor may have in the property without providing any warranties or guarantees about the title. This means the grantor is transferring whatever rights or claims they might hold, but they are not ensuring that the title is free of defects or encumbrances. This type of deed is typically used in situations where the relationship between the parties is trusted, such as transferring property between family members or in divorce settlements.

Unlike other types of deeds, such as warranty deeds, which assure the buyer of clear title and full ownership, the Quitclaim deed does not offer such assurances. As a result, it is important for the grantee (the person receiving the property) to understand that they are accepting the property "as-is" based solely on the granter's claim to it. This limited scope is what distinguishes the Quitclaim deed from more conclusive transferring documents that include warranties and covenants regarding ownership rights.