What is a quitclaim deed primarily used for?

A quitclaim deed is primarily used to relinquish any interest in a property without warranties. This means that when a person executes a quitclaim deed, they are essentially transferring whatever ownership interest they may have in a property to another party. However, this type of deed does not guarantee that the grantor has clear title or any title at all to the property, nor does it provide any protection for the grantee against potential claims from other parties.

The nature of a quitclaim deed makes it particularly useful in situations where the parties involved have a level of trust or where the ownership interests are already known. Common scenarios include transferring property between family members, resolving disputes or claims about ownership, or clearing up title issues. Since it does not provide the assurances that come with other types of deeds, such as warranty deeds, it limits the liability of the grantor while giving the grantee an opportunity to assert their rights over the property.

This distinction explains why the other options do not apply in the context of a quitclaim deed. Options that suggest the inclusion of warranties or enforceability in relation to a mortgage or lease do not align with the true function of a quitclaim deed, which is purely about the transfer of interest without such assurances.