If a person gives you a claim to any property, he is "quit claiming" the property to you. Quit Claims do not guarantee that the person quit claiming the property has any stake in the property at all, but does transfer all interest to the grantee.The quit claim deed is usually to protect a person's interest in the property.
Quit Claims can be risky, so ( some damn good due diligence will be needed) because once the deed is quit claimed in a since,it relieves the grantor of any future turn ups; such as liens and other legal recourse.
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