Quitclaim Deed?

[/u/flatlanderMAWI]

Back in 2020 my wife and I helped our daughter buy a condo (Wisconsin) by loaning her $10k towards the down payment. Our daughter paid the majority of the down payment and has paid all of the mortgage and utilities herself. Our daughter, my wife, and I are all on the title. Our daughter has now been transferred to Massachusetts and is selling the condo. She stands to make about $85k. My wife and I are only asking for our original loan back ($10k) and we want none of the profits nor any interest on the $10k from the sale. Real estate company is recommending a quitclaim deed. Should we do a quitclaim deed to remove my wife and myself from the title? Time is of the essence as the closing is in less than one month.

submitted by /u/flatlanderMAWI
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Quitclaim Deed?
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