A deed is an instrument by which a buyer obtains title to a piece of property being sold. A deed comes in many forms. The most common form of passing title is called a warranty deed.
The seller warrants that he has a good and clear title and guarantees that his predecessors have no interest in the title. Another form commonly used is the quit claim deed. This is used to obtain a release from a person who is believed to have some interest or claim to the property. By this form of deed, the grantor “quits” any claim the grantor may have.