Escrow & Title
An 'as-is' clause in a deed has what effect?
AIt removes all warranties from a general warranty deed
BIt has no effect on a quitclaim deed since it already has no warranties✓ Correct
CIt is the same as a special warranty deed
DIt is not legally recognized in Alabama
Explanation
A quitclaim deed already makes no warranties, so an 'as-is' clause in such a deed has no additional effect — it merely restates what is already implied.
Related Alabama Escrow & Title Questions
- A warranty of seisin in a general warranty deed means the grantor warrants that:
- The chain of title refers to:
- A quitclaim deed in Alabama conveys:
- Which type of deed would a grantor use to convey property while retaining a life estate?
- A deed that is signed by the grantor but held by a third party to be delivered upon the occurrence of a condition is known as a(n):
- An abstract of title is:
- An escrow account in a real estate transaction is used to:
- The ALTA (American Land Title Association) owner's policy protects:
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