Final answer:
A legal instrument that transfers a grantor's interest in property to a grantee without any warranties is called a Quitclaim Deed (B). It does not guarantee the quality of title, distinguishing it from Warranty and Special Warranty Deeds.
Step-by-step explanation:
When any interest possessed by the grantor is conveyed to the grantee, without any warranties, this is called a Quitclaim Deed. A Quitclaim Deed is a legal instrument that is used to transfer interest in property. The grantor in a Quitclaim Deed makes no guarantees to the grantee about the quality of the property title.
Essentially, the grantor 'quits' any claim to the property, thereby allowing the property's interest to pass to the grantee. This is different from a Warranty Deed, which provides guarantees about the clearness of title, or a Special Warranty Deed, which only guarantees against claims made during the grantor's period of ownership. Deed recordation is the act of recording the deed with a local government entity to make it a matter of public record.