Which of the following is true about quitclaim deeds?

A quitclaim deed is a legal instrument that allows one party to transfer their interest in a property to another party without making any promises about the quality of the title being transferred. It is accurate to say that quitclaim deeds provide the least amount of protection to grantees because they do not include any warranties or guarantees regarding the title. Specifically, with a quitclaim deed, the grantor simply "quits" any claim they might have on the property, leaving the grantee to assume the risk of any potential issues related to the property’s title.

Since quitclaim deeds do not ensure clear title, nor do they provide warranties against title claims, they are primarily used in situations where the parties involved are familiar with one another, such as family transfers or the clearing of a title defect. This lack of protection and security is what sets quitclaim deeds apart from other types of deeds, such as warranty deeds, which do provide assurances about the title.