Escrow & Title
A quitclaim deed in Missouri conveys:
AWarranted title to the property
BOnly whatever interest the grantor has, with no warranties✓ Correct
CTitle guaranteed by the state
DFee simple absolute title
Explanation
A quitclaim deed conveys whatever interest the grantor has—if any—with no warranties of title. It is commonly used to clear clouds on title 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).
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
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