A Quitclaim Deed is the least desirable Deed to accept ownership of a property in Florida. The main purpose of a Quit Claim Deed is to serve as a tool to clear the titles to property and eliminate title defects.Land contract sales, which are called "agreements for deeds" in Florida, are sellerfinanced real estate deals. The last type of deed is the quitclaim deed. A quitclaim deed contains no covenants of title. A contract for deed is a financial agreement where the seller finances the purchase of the property directly to the buyer. (AA) Agreement for Deed (or Contract for Deed) is an agreement for the installment purchase of real property directly from the seller. In Florida, a quitclaim deed can be used to transfer property after a divorce pursuant to a marital settlement agreement or divorce judgment.