Escrow & Title
In Ohio, which type of deed gives the grantee the LEAST protection?
AGeneral warranty deed
BQuitclaim deed✓ Correct
CLimited warranty deed
DTrustee's deed
Explanation
A quitclaim deed provides the least protection — it conveys only whatever interest the grantor may have (which could be nothing) and provides no warranties whatsoever. A general warranty deed provides the most protection.
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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).
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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