A quitclaim deed operates differently from warranty or grant deeds. The grantor states: “I'm giving you what I have, if anything, but I am making no promises.”
The Title Insurance Problem
When parties use quitclaim deeds instead of warranty deeds, they lose title insurance protection. Warranty deeds preserve coverage through subsequent owners.
Conclusion
While quitclaim deeds have valid applications, family transfers warrant careful consideration of title insurance implications.