Which type of legal document transfers interest in real property without any warranties?

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Study for the Texas Real Estate Principles 2 Test. Review questions, flashcards, and explanations. Get ready to pass your exam!

A quitclaim deed is the type of legal document that transfers interest in real property without any warranties. This means that the grantor (the person transferring the property) does not guarantee that they have a valid title to the property or that there are no encumbrances or claims against it. The recipient of a quitclaim deed accepts whatever interest the grantor may have, which could be partial or none at all.

This makes quitclaim deeds suitable for situations where the parties know each other well, such as transferring property between family members or during a divorce settlement, where the potential for title issues is less of a concern or already understood.

In contrast, a warranty deed, for instance, provides the highest level of protection for the buyer, ensuring that the title is clear and free of claims. A grant deed also offers certain assurances about the title. A deed of trust is not a type of transfer deed but rather a security instrument that involves a borrower, lender, and a trustee.

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