Warranty deeds provide far more protections for buyers than quitclaim deeds. They guarantee that the property doesn’t have any debts, liens, or easements against it. Warranty deeds also promise that the current owner has the legal authority to sell the property in the first place.
A quitclaim deed, on the other hand, doesn’t provide any guarantees at all. They simply transfer the owner’s share in the property to another individual, and other people may still have a claim to the property. A quit claim deed is more common between people who trust each other significantly or when the property is simply given instead of sold. One example is when parents transfer a property to their children.