Cloud on Title: Removal Options Explained
How can a cloud on title be removed?
Select one: a. A quitclaim deed only. b. A quiet title action only. c. Either a quitclaim deed or a quiet title action. d. Neither a quitclaim deed nor a quiet title action.
Answer:
A cloud on title can be removed by both a quitclaim deed and a quiet title action.
A cloud on title can be removed by either a quitclaim deed or a quiet title action. These are legal processes and instruments ensuring valid transactions of property rights. A quitclaim deed involves transferring any interest the grantor has in the property without guaranteeing the validity of that interest. On the other hand, a quiet title action is a lawsuit filed to establish ownership of a property when the title may have some ambiguities or conflicts.
Both methods, a quitclaim deed and a quiet title action, are utilized to clarify and secure property rights with disputed or unclear titles. It is important to carefully consider the specific circumstances of the cloud on title and determine the most appropriate solution to resolve the issue effectively.