A grantor uses a(n) _____ to convey whatever interest the grantor may hold in real estate, without warranty that any interest exists.

Study for the Legal Aspects of Real Estate Exam. Master essential legal concepts with multiple-choice questions and in-depth explanations. Get prepared and feel confident!

The correct answer is a quitclaim deed, which is specifically designed to transfer whatever interest the grantor may hold in a property without providing any warranties or guarantees about that interest. This means that the grantor does not assure the grantee that they own the property or have the legal right to convey it. Instead, a quitclaim deed simply serves to "quit" any claim the grantor might have, passing potential interests without additional obligations or promises.

This type of deed is often used in situations such as family transfers, property settlements, or correcting title issues where the exact nature of the interest being conveyed may be unclear or disputed. It is also commonly used when a person is giving property to a relative or a friend, as there is typically less concern about latent title issues in those contexts.

The other options represent different types of deeds that include varying levels of warranties:

  • A grant deed provides some warranties regarding the title being free from encumbrances created by the grantor.

  • A deed of trust is utilized primarily in financing transactions as a security instrument, not for the outright transfer of property ownership.

  • A special warranty deed offers limited warranties, asserting that the grantor has not encumbered the property during their ownership, but does not guarantee the

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy