Legal Question in Real Estate Law in Michigan

I interpret your question to mean that the quit claim deed is limited to conveying the right of way, and secondly that the "deed holder" you refer to is the person receiving the deed and the conveyance (the grantee). Under that interpretation, the deed holder does not own the land, the deed holder owns the right of way. The grantor retains ultimate ownership of the land subject to the rights granted with the right of way.