Property Ownership, Transfer of Title and Land Use 11.5

Question 1

A Bargain and Sale Deed contains?

Answer 1

No warranties against encumbrances unless stated. It only implies that the grantor holds title and possession.

Question 2

For a Bargain and Sale Deed the Granting Clause?

Answer 2

May be “grants and releases” or “grants, bargains, and sells” in the document, depending on state law.

Question 3

a Quitclaim Deed provides what?

Answer 3

the least protection to the grantee; it carries no covenants or warranties whatsoever. It simply transfers whatever interest the grantor may have; if any.

Question 4

For a Quitclaim deed the granting clause is?

Answer 4

“remises, releases, and quitclaims”.

Question 5

A Quitclaim Deed

Answer 5

May be used to transfer a right or interest in Real Estate; such as an easement.

Question 6

A Quitclaim Deed is also used to:

Answer 6

Cure a defect in title, such as a “cloud on the title”.