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Meaning of quitclaim deed

quit'claim deed"

Pronunciation: [key]
— Law. Law.
  1. a deed that conveys to the grantee only such interests in property as the grantor may have, the grantee assuming responsibility for any claims brought against the property. Cf.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.