Asked by Abigail Aleman on May 10, 2024
Verified
Latosha grants a quitclaim deed to some property to Glenn. Now Glenn has found that someone else has a life estate in the land. Latosha has breached the warranty of title.
Quitclaim Deed
A legal document transferring a grantor's interest in a property to a grantee without guaranteeing the title's clearness.
Life Estate
A property interest that lasts for the life of a specific individual, after which the property reverts to the owner or moves to a different designated party.
Warranty of Title
A guarantee provided by a seller that they have the right to sell the property and that it is not encumbered by any undisclosed liens or claims.
- Comprehend the various categories of deeds along with their explicit assurances or the absence thereof.
- Comprehend the lawful enforceability of contracts in real estate, inclusive of the statute of frauds.
Verified Answer
MB
Mukul BagariaMay 10, 2024
Final Answer :
False
Explanation :
A quitclaim deed does not provide any warranties of title, meaning Latosha did not guarantee clear title to Glenn when transferring the property.
Learning Objectives
- Comprehend the various categories of deeds along with their explicit assurances or the absence thereof.
- Comprehend the lawful enforceability of contracts in real estate, inclusive of the statute of frauds.