Under Maryland law, a quitclaim deed is most accurately described as a deed that:
Correct Answer
C) Conveys only the grantor's current interest, if any, with no warranties of title whatsoever
A quitclaim deed transfers only whatever interest the grantor holds at the time of conveyance, with no covenants or warranties of any kind. If the grantor has no interest, the grantee receives nothing. Under Maryland Real Property Article §§ 2-101 et seq., quitclaim deeds are commonly used to release claims, clear title defects, or transfer interests between related parties without implying that the grantor has good title.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Community property is a system where property acquired during a marriage is owned equally by both spouses.
A freehold estate represents ownership of real property with an indefinite duration.
Joint tenancy is a form of co-ownership in which two or more persons hold equal, undivided interests in property with the right of survivorship. When one joint tenant dies, their interest automatically passes to the surviving joint tenants.
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