Which type of deed transfers any interest a grantor may have without claiming ownership?

A quitclaim deed is utilized for transferring any interest a grantor may hold in a property without providing any warranty or guarantee regarding the title, ownership, or encumbrances associated with that property. This means that the grantor does not assert whether they hold valid title to the property, nor do they promise that the property is free from liabilities like liens or judgements. Essentially, the recipient of a quitclaim deed accepts the property "as is," accepting the risk that the grantor might not have any legal claim to it at all.

This type of deed is often used in situations where the parties know each other, such as transferring property between family members, settling a divorce, or clearing up title issues where no money is being exchanged. Given its non-warranty nature, the quitclaim deed is effective for transferring interests when the grantee is willing to assume the risk related to the title and any possible existing claims.