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Qualified plan: Any employee benefit plan that is qualified by
the IRS as a tax-exempt plan. Among other requirements, the plan's assets
must be placed in trust for the sole benefit of the employees covered by the
plan.
Quitclaim deed: A deed operating as a release that is intended to
pass any title, interest or claim that the grantor may have in the property,
but not guaranteeing such title is valid
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