What type of warranty is typically excluded in a Quit Claim Deed?

Prepare for the Missouri Title Insurance Producer Test with flashcards and multiple choice questions. Evaluate your readiness with hints and explanations provided for each question.

A Quit Claim Deed is primarily used to transfer ownership of property without any guarantees about the title. Importantly, it does not provide a warranty of legal title, which means that the grantor is not assuring the grantee that the title is legally clear or free from claims. The grantor only conveys whatever interest they have in the property, if any, without guaranteeing that such interest is valid or that there are no other parties that may have a claim to the property.

The absence of a legal title warranty is significant because, in other forms of deeds like a General Warranty Deed, the grantor guarantees that the title is good and will defend against any claims. Similarly, each of the other warranty types mentioned, such as ownership warranty, claim warranty, and future warranty, imply some level of assurance that the grantor is not prepared to offer through a Quit Claim Deed. Therefore, in this context, the lack of a legal title warranty is what principally distinguishes the Quit Claim Deed from more comprehensive forms of property conveyance.

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