Escrow & Title
A quitclaim deed in Wyoming transfers:
ATitle with full warranties against all encumbrances
BWhatever interest the grantor may have in the property, with no warranties✓ Correct
COnly the mineral rights to the property
DA life estate to the grantee
Explanation
A quitclaim deed transfers whatever interest, if any, the grantor holds in the property—without any warranties of title. If the grantor has no interest, the grantee receives nothing.
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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.
Life EstateA freehold interest in real property that lasts only for the duration of a specified person's life.
Title InsuranceInsurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
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