Final answer:
A Special warranty deed is the deed that limits warranties to defects that arose during the period the grantor owned the property. It differs from General warranty and Quitclaim deeds in the level of protection offered.
Step-by-step explanation:
The type of deed that limits warranties made to defects which arose during the time the grantor owned the property is the Special warranty deed. This specific type of deed provides a guarantee that the seller (grantor) has not encountered any title issues during their period of ownership, but does not provide a guarantee against defects that existed before they took ownership. In contrast, a General warranty deed provides the most comprehensive level of protection, as it covers the entire history of the property. Meanwhile, a Quitclaim deed offers no warranties whatsoever—it simply transfers whatever interest the grantor has in the property, if any, without stating that the title is clear. Lastly, a Deed of trust is a document used in some states in place of a mortgage and does not provide any warranties regarding the title.