Question

Which of the following is TRUE as to quitclaim deeds?

a. They convey after acquired title
b. They convey a warranty of merchantability
c. They are often used in lieu of title insurance
d. They can convey a partial interest

Answer 1

Quitclaim deeds convey any interest the grantor may have in a property, including after acquired title, but they do not provide a warranty of merchantability and are not a substitute for title insurance.

Step-by-step explanation:

The question asks which statement is TRUE regarding quitclaim deeds. Quitclaim deeds are a type of legal instrument used to transfer interest in real property. The correct statement is: a. They convey after acquired title.

This means that if the grantor acquires the property after the quitclaim deed has been given, the interest passes to the grantee. Quitclaim deeds do not include a warranty of merchantability, they are not a substitute for title insurance, and although they can convey a partial interest in the property, that is not their defining feature.