Escrow & Title
In Colorado, a 'quitclaim deed' provides the grantee with:
AA. A guaranteed warranty of title
BB. Whatever interest, if any, the grantor has in the property — with no warranties of title✓ Correct
CC. A special warranty against encumbrances
DD. Fee simple title with all warranties
Explanation
A quitclaim deed conveys only whatever interest the grantor may have (which may be nothing) and makes no warranties of title whatsoever. It is commonly used to clear title defects, transfer property between family members, or add/remove a spouse from title. A grantee taking title by quitclaim assumes all risks regarding the validity of the title.
Related Colorado Escrow & Title Questions
- In Colorado, which type of deed offers the buyer the least protection?
- In Colorado, the county assessor's office maintains which records relevant to real estate?
- In Colorado, a deed of trust reconveyance (release) occurs when:
- A Colorado seller discovers there is an old unsatisfied judgment against them recorded in the county records. This judgment:
- A Colorado closing company retains which professional to prepare the legal documents for a real estate closing?
- What is the difference between a title insurance commitment and a title insurance policy?
- A Colorado 'buyer's settlement statement' (closing disclosure) will typically show credits to the buyer for:
- In Colorado, a 'release of deed of trust' (deed of reconveyance) is recorded when:
Practice More Colorado Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Colorado Quiz →