Question

A title search reveals that a relative of a previous property owner may have some ownership interest in the current property owner's land. Which of the following types of deeds would most likely be used to clear the title defect if the relative is willing to release his/her possible interest in the property?

Answer 1

To clear a title defect indicated by a title search, where a relative of a previous owner may have an interest in the property, a quitclaim deed would likely be used by the relative to release their potential claim, thus clearing the title.

Step-by-step explanation:

If a title search indicates that a relative of a previous property owner may have some ownership interest in the land currently owned by someone else, the type of deed most likely to be used to address this title defect is a quitclaim deed. A quitclaim deed allows an individual to transfer any ownership interest they have in a property to another person without providing any warranty of title.

Since the relative in question is willing to release his or her possible interest, they can execute a quitclaim deed in favor of the current property owner, which effectively relinquishes any claim they might have had to the property, thus clearing the title defect.