Which of the following is NOT a good method of title assurance?

Understanding Title Assurance Methods

Title assurance refers to the steps taken to ensure that the property title being transferred is clear of any issues or defects that could affect ownership.

Good Methods of Title Assurance

1. An attorney searches recorded documents: This involves a thorough investigation of public records to identify any potential problems with the title. An attorney can uncover issues such as liens, encumbrances, or other claims that might affect the property.

2. Seller provides a warranty in the deed: When a seller provides a warranty, they are guaranteeing that the title to the property is clear and free of any defects. This gives the buyer additional protection against title issues that may arise in the future.

3. Title insurance is purchased: Title insurance policies protect both the lender and the buyer against any unforeseen title defects or claims. It provides financial compensation for losses resulting from title issues.

Not a Good Method of Title Assurance

Seller provides a quitclaim deed: A quitclaim deed offers the least amount of protection to the buyer because it only transfers whatever interest the seller has in the property, without any guarantees about the title's validity. It does not provide assurance that the title is clear of defects or encumbrances.

Therefore, out of the options given, the answer to the question "Which of the following is NOT a good method of title assurance?" is A. Seller provides a quitclaim deed.