While the deed without warranty sells and conveys the property to the buyer, it's only slightly better than a quitclaim deed. A quitclaim deed gives the grantee all of the grantor's rights, whatever those may be.A gift deed can be a General Warranty Deed or a Special Warranty Deed which states that the property is a Gift. The type of deed with the least protection for the grantee is undoubtedly the quitclaim deed. Note: A quitclaim gives no warranty of title, which is why many sellers may prefer it or try to use it. However, buyers should use a Warranty Deed. A warranty deed and a quit claim deed are both legal documents that can be used to transfer ownership of real property. A warranty deed can be used for most property transfers. A quitclaim deed can transfer ownership to a specific, trusted person. Where quitclaim deeds provide limited security, warranty deeds offer full legal protection to grantees – or buyers – after a property changes hands.