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Quitclaim Deed

by Edith Lank

Hello, Edith Lank: Would you explain the difference between a warranty deed and a quitclaim deed? We had a lease on a small acreage with a neighbor, and went ahead and purchased the land at the end of the lease. The lease agreement stated that a warranty deed would be given to us, but the neighbors gave us a quitclaim deed instead. We suppose this is fine, but not really knowing the difference makes us wonder. — B. and S.A.

Answer: The sellers who sign a warranty deed include gua ...

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