Back to Glossary
Deed (Warranty or Quit-Claim)
January 19, 2023
A warranty deed guarantees that the grantor has legal title and rights to the property. A quitclaim deed provides the grantee with little to no protection. Warranty deeds guarantee that the grantor has the right to sell the property and that there are no liens or encumbrances on the land.
Related Topics
Payment and Debt Ratios
Home Value: Appraised, Estimated, Actual
How Much of a Mortgage Payment Goes to Principal
What Do Underwriters Do?
What Does Loan Underwriting Mean
Loan To Value and Down Payments
What is Underwriting in Real Estate?
Homeowner's Guide: DIY Home Improvement