Maria is purchasing a home in Portland, Oregon. The seller wants to convey the property using a deed that makes no warranties whatsoever about the title — not even against claims arising from the seller's own actions during ownership. Which type of deed provides the least protection to Maria as the buyer?
Correct Answer
C) Quitclaim deed
A quitclaim deed conveys whatever interest the grantor has — if any — with absolutely no warranties of title. It does not guarantee that the grantor holds any title at all, and it provides no protection to the grantee against any claims, whether arising before or during the grantor's ownership. This makes it the deed offering the least protection to a buyer such as Maria.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
A leasehold estate grants the right to possess and use property for a defined period of time, without conferring ownership.
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