A Virginia deed that conveys only the interest the grantor currently holds, with absolutely no warranties of title, is best described as which type of deed?
Correct Answer
D) Quitclaim deed
A quitclaim deed transfers whatever interest the grantor has at the time of execution without making any warranties about the quality or extent of that title. Because there are no covenants, the grantee assumes all risk of title defects. In Virginia, quitclaim deeds are commonly used to resolve title disputes, remove clouds on title, or transfer property between related parties.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Tenancy in common is a form of co-ownership in which two or more persons hold separate, undivided interests in property without the right of survivorship. Each owner can hold unequal shares and can independently transfer their interest.
A freehold estate conveys ownership rights, while a leasehold estate grants the right to possess and use property for a specific period without ownership.
Riparian rights concern properties bordering flowing bodies of water (rivers, streams), while littoral rights concern properties bordering non-flowing bodies of water (lakes, oceans).
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