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Quitclaim deed

Quitclaim deed

What is a Quitclaim eed?

A quitclaim deed is a type of deed that can quickly transfer property from a grantor to the grantee. There is no guarantee that the grantor has the legal right to transfer the property and that the title doesn't have any title issues.

If a property investor recently purchased a property and has already sorted through any title issues, it may make sense to do a quitclaim deed. Quitclaims are quick and allow an investor to easily move the property into an LLC.

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