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A quitclaim deed may also be used to transfer title of a property to a purchaser following a foreclosure auction. Typically such a deed will not warrant that the property title is free and clear, and it remains up to the grantee to check that the property is not subject to any legal encumbrances. [11]
The warranty deed adds the additional guarantee that the grantor will defend the title against any third-party claim. The quitclaim deed is also sometimes used, although this document is most often used to disclaim any interest in a property rather than selling a property that one owns.
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Key takeaways. A deed of reconveyance, also known as a satisfaction of mortgage, is a document that proves you've paid off your mortgage. The deed of reconveyance releases the lien the mortgage ...
Date/Time Thumbnail Dimensions User Comment; current: 00:19, 17 March 2011: 1,275 × 2,100, 4 pages (890 KB): Adament cause {{Information |Description ={{en|1=A copy of the original quit-claim deed where Hooker Electrochemical Company sold the Love Canal land to The Board of Education of the School District of the City of Niagara Falls, New York.}} |Source =Universi
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