The Difference Between Deeds

Whenever a deed is recorded, in order to make any kind of change, another deed has to be recorded.

Grant Deed	Transfers title with warranties.
QuitClaim	Transfers title without warranties “as is” used to clear cloud on title, guarantees nothing.
Warranty Deed	Transfers property, uncommon in California.
Mortgage Trust Deed	Places a loan against property.
Reconveyance Deed	Removes loan from property.
Assignment of Trust Deed	Changes the beneficial interest (lender) of a trust deed.
Substitution of Trustee and Full Reconveyance	Beneficiary (lender) substitutes another as trustee and then that person removes the loan.
Deed in lieu of Foreclosure	Used whenever a borrower gives a property to a lender to keep them from foreclosing. (QuitClaim is not the proper deed to use.)