What is a quitclaim deed and when is it used?

A quitclaim deed transfers whatever interest the grantor may have in a property without making any warranties or guarantees about the quality of title. The grantor may have full ownership, partial ownership, or no ownership at all, and the quitclaim deed conveys only whatever exists. Quitclaim deeds are commonly used between family members, to clear title defects, to transfer property between spouses during divorce, to add or remove someone from title, and to release a claim or interest in property.