What does a quitclaim deed release?

A quitclaim deed is a legal instrument used to transfer whatever interest the grantor has in a property to the grantee without making any warranties or guarantees about the title. This means that the grantor is essentially saying, "I am giving you my interest in this property, but I make no promises about the quality of that interest."

The correct answer pertains to the idea that a quitclaim deed releases all present claims, rights, and titles of the grantor. This is significant because it allows the grantee to step into the grantor's shoes with respect to the property, whatever those rights may be, although it does not assure that the property is free of encumbrances or that the grantor had valid title to begin with.

In the context of the other choices, while a quitclaim deed does not specifically address property taxes, restrictions, or only future claims of the grantor, it fundamentally relates to the complete transfer of the present interests that the grantor holds. Thus, it is accurate to state that it releases all present claims, rights, and titles of the grantor, and this is why that answer is the most appropriate.