National Real Estate Exam (PSI)Transfer of TitleEasy
A grantor wants to convey whatever interest she may have in a property to clear up a boundary dispute, without making any promises about the quality of her title. Which deed should she use?
- ABargain and sale deed
- BGeneral warranty deed
- CQuitclaim deed
- DSpecial warranty deed
Show answer & explanationAnswer & explanation
Correct answer: C. Quitclaim deed
A quitclaim deed conveys only whatever interest the grantor currently holds, with no warranties or guarantees of title, making it ideal for clearing clouds on title such as boundary disputes.
Why the other options are wrong
- A. A bargain and sale deed implies the grantor holds title but still doesn't fit a no-warranty cleanup situation.
- B. A general warranty deed provides the broadest guarantees, the opposite of what's needed here.
- D. A special warranty deed still promises against defects during the grantor's ownership.
Quitclaim Deed
A deed that conveys only the grantor's current interest in property, if any, without any warranties of title.
- Offers no protection to the grantee
- Commonly used to clear title defects or between family members
- Does not guarantee the grantor even owns the property
Memory trick: Quitclaim = 'I quit claiming, take my rights as-is.'