In Florida, all of the following statements about quitclaim deeds are true EXCEPT:
Correct Answer
D) They are invalid for transferring real property
C is correct because quitclaim deeds are perfectly valid instruments for transferring real property in Florida, they just provide no warranties. A is incorrect because quitclaim deeds do only transfer the grantor's actual interest. B is incorrect because quitclaim deeds provide no title warranties. D is incorrect because quitclaim deeds are commonly used to clear up title defects and clouds on title.
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In a Tampa transaction, a buyer wants the Florida rule on chain of title. Which statement is correct?
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Sarah is selling her Miami Beach condominium to Robert. At closing, she signs a deed that contains warranties that she owns the property and has the right to convey it, but provides no warranties against defects that existed before she acquired the property. What type of deed did Sarah most likely execute?
- → All of the following are essential elements of a valid deed in Florida EXCEPT:
- → John and Mary own property in Jacksonville as tenants by the entirety. John wants to secretly transfer his interest to his business partner without Mary's knowledge or consent. He executes a quitclaim deed to his partner. What is the effect of this deed?
- → What is the main difference between a general warranty deed and a special warranty deed in Florida?
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- → In Florida, what is the primary purpose of the documentary stamp tax on deeds?
- → Which deed is most commonly used in Florida residential transactions?
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A deed is executed in Florida with the property description reading 'all of my land in Orange County.' The grantor owns three separate parcels in Orange County. What is the likely legal effect of this deed?
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