into a business entity. Another typical use is where there was a previous assignment that is under some question, and a subsequent assignment "quitclaims" the same property to the same grantee, on terms that perfect the possible defect (without conceding that the defect exists, and with no warranty that the grantor has any residual interest to transfer).

The legal instrument by which the transfer is effected may be known as a quitclaim deed or a quitclaim agreement. Details of the