What is a "quitclaim deed"?

A quitclaim deed is a legal instrument specifically designed to transfer a person's interest or claim in a property without providing any warranty or guarantee regarding the title. This means that the grantor (the person transferring the property) does not assure the grantee (the person receiving the property) that they have valid ownership or that the property is free of encumbrances or other claims. The quitclaim deed simply conveys whatever rights the grantor has, if any, at the time of the transfer.

This instrument is often used in situations where the parties know each other, such as between family members, or to clear up title issues. It is distinct from other types of deeds, such as warranty deeds, which do provide assurances about the title and ownership validity. In simple terms, a quitclaim deed is primarily focused on the transfer of rights rather than the security of those rights, making option A the correct choice.