Property Ownership
In Arizona, a 'quitclaim deed' conveys:
AA guaranteed title with full warranties
BWhatever interest the grantor has, if any, with no warranties✓ Correct
CTitle after a lender releases a lien
DTitle free and clear of all encumbrances
Explanation
A quitclaim deed conveys only whatever interest the grantor has in the property — which may be nothing — with absolutely no warranties of title. It is commonly used to clear title issues or transfer property between family members.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Abstract of TitleA condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.
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