Tennessee Real Estate License Exam Practice Question
Which of the following is true of a quitclaim deed?
Correct Answer: C
Rationale: A quitclaim deed is primarily used to transfer whatever interest a person has in a property without any warranties.
Option A is inaccurate; a quitclaim deed can indeed transfer a title held in fee simple, albeit without guarantees. Option B is incorrect because quitclaim deeds do not provide warranties like a special warranty deed, which protects against certain claims. Option D is false as quitclaim deeds can be recorded, allowing for public notice of the transfer. Therefore, the statement about removing a cloud on a title accurately reflects the deed's purpose, as it can clarify ownership disputes.
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