Warranty Deed & Quitclaim Deed:
A warranty deed or “grant deed” is the most popular way to transfer real property.
This ensures ownership transfer and promises the new owner that the seller holds good title to the property. It says "I own the property I am giving you and the title to it is good."
With a quitclaim deed, you can transfer any ownership interest you have in the real estate property without guaranteeing that the interest in the title is good.
This type of deed effectively says "I'm giving you whatever interest I have in this property, but I'm not guaranteeing that someone else doesn’t own the property.”