A quitclaim deed transfers:
Why Only whatever interest the grantor has, with no warranties Is Correct
Answer B: Only whatever interest the grantor has, with no warranties
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
Key Property Ownership Terms in This Question
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
Life EstateA freehold interest in real property that lasts only for the duration of a specified person's life.
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Related Alabama Questions
- Which deed provides NO warranties and conveys only whatever interest the grantor has, if any?Escrow & Title
- A deed that conveys 'all the grantor's right, title, and interest' without any warranty is a:Property Ownership
- A quitclaim deed in Alabama conveys:Escrow & Title
- A special warranty deed in Alabama is one in which the grantor warrants the title against:Escrow & Title
- Which type of deed is typically used when a trustee conveys trust property to a beneficiary?Property Ownership
- A buyer who takes title without knowledge of a prior unrecorded deed has what type of protection under Alabama's recording statutes?Escrow & Title
- A land contract (contract for deed) transfers legal title to the buyer:Finance
- A grantor who conveys property with the phrase 'for as long as the land is used as a school' is creating a:Property Ownership
Key Terms to Know
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Life EstateA freehold interest in real property that lasts only for the duration of a specified person's life.
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
Title InsuranceInsurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
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