- A
"quitclaim" deed is one in
which the person transferring the property conveys whatever interest he or she
may have in the property and gives no warranties that
the transfer is of marketable title.
- A "w
arranty" deed is
one in which the transferor is giving warranties that the
transfer is of marketable title.
The same distinction applies to other types of
conveyances, such as assignments of leases.
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