A quit claim deed is a legal document used in real estate transactions to convey ownership or interest in a property from one party to another. It transfers the grantor’s interest in the property without any warranties or guarantees about the property’s title.
Promissory notes (B) represent a borrower’s promise to repay a loan.
Mortgage instruments (C) create a lien on the property but do not convey ownership.
Occupancy certificates (D) certify that a property complies with regulations for occupancy but are not involved in transferring ownership.
References:
Real Estate Law on property conveyances
Fannie Mae Deed and Title Transfer Guidelines
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