What type of deed is often used to transfer property with no guarantees?

A quitclaim deed is commonly used when transferring property without any guarantees or warranties. This type of deed conveys whatever interest the grantor has in the property without making any promises about the quality of that interest. Essentially, it means that the grantor is relinquishing their rights to the property, but does not assure the grantee that the title is free of defects, liens, or other encumbrances.

This is particularly useful in situations where the parties know each other and trust that the granted interest is valid, such as transferring property between family members or in divorce settlements. The lack of warranties makes the quitclaim deed a straightforward and efficient method for property transfer, although it does carry more risk for the grantee, who must then rely on their own diligence to investigate the title of the property.

In contrast, other types of deeds, such as full covenant and warranty deeds or general warranty deeds, involve warranties that guarantee the title is clear and defendable against claims, which is not the case with a quitclaim deed.