Fundamentals of Surveying (FS) Practice Exam

What does a quitclaim deed do?

1. Transfers a good and clear title

2. Passes any title the grantor may leave

3. Is a deed for excess acreage

4. Passes title to minerals only

The correct answer is: Passes any title the grantor may leave

A quitclaim deed is a legal instrument that is primarily used to transfer whatever interest the grantor has in a property to the grantee, without providing any guarantees or warranties regarding the quality of the title. This means that the grantor does not warrant that the title is clear or that they actually own the interest they are claiming to transfer. As a result, the recipient accepts the property with the understanding that there may be clouded titles, defects, or claims from third parties against it. In contrast, a deed that transfers a good and clear title would typically be a warranty deed, which provides assurances about the ownership and condition of the property. A quitclaim deed does not serve this function and simply conveys whatever interest may exist. Options relating to excess acreage or mineral rights also do not accurately describe the fundamental purpose of a quitclaim deed, as the quitclaim deed can pertain to any interest in the property, not limited to minerals or excess land. It primarily allows individuals to relinquish claims they may have, potentially simplifying property transfers, particularly in cases of familial or close relationships.