Which deed type provides no guarantee of title from the grantor?

Disable ads (and more) with a membership for a one time $4.99 payment

Prepare for the UCF BUL3130 Legal and Ethical Environment of Business Exam 2. Dive into legal and ethical concepts with flashcards, multiple-choice questions, and detailed explanations. Get exam-ready with comprehensive study resources!

The type of deed that provides no guarantee of title from the grantor is the quitclaim deed. This deed conveys whatever interest the grantor has in the property without any promise of clear title or any warranties regarding the property's title. In other words, if the grantor owns the property, the grantee receives that interest; however, if the grantor has no legal claim or the title is defective, the grantee has no recourse against the grantor.

The quitclaim deed is often used in situations where property ownership is being transferred among family members or in divorce settlements, where the parties trust each other and do not require title assurances. Since there is no promise of a clear title, it is essential for the grantee to conduct due diligence, such as a title search, before accepting a quitclaim deed to ensure there are no underlying issues with the property's title.

In contrast, other deed types, such as warranty deeds and limited warranty deeds, contain guarantees regarding the title and indicate that the grantor stands behind the quality and validity of the title being transferred. Conditional deeds may also have stipulations regarding the transfer but do not negate the implication of some guarantee found in warranty deeds. Therefore, the quitclaim deed is unique in its lack of