Definitions

1. noun

a deed or document by which the owner of a property conveys it to another person, usually without guaranteeing the title, and usually as part of a debt settlement.

“The couple used a quitclaim deed to transfer ownership of their house to their daughter.”

2. verb

to transfer property to another person, especially as part of a debt settlement.

“They quitclaimed the land to the bank to settle their loan.”