A quitclaim deed in Missouri:
Correct Answer
B) Transfers whatever interest the grantor may have without any warranties, commonly used to clear title issues
A quitclaim deed transfers the grantor's interest (if any) without warranties. It is commonly used to resolve title defects, transfer between family members, or add/remove names from title.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
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