Principles of Real Estate第 15 / 120 题
A quitclaim deed is BEST described as an instrument that:
a.Guarantees clear and marketable title to the grantee
b.Automatically pays off all existing liens
c.Conveys only whatever interest the grantor may have, with no warranties
d.Is required for all sales of residential property in Texas
解析
A quitclaim deed transfers only the interest, if any, that the grantor holds and makes no warranties about the quality of title. It is often used to clear clouds on title, such as removing a possible claim, rather than for arm's-length sales.
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