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Updated about 9 years ago,
Buy with Quitclaim, Sell with Warranty?
I recently purchased a property for very cheap. I had a title search done (no title insurance) with only back taxes showing up. I ended up buying it via a Quitclaim Deed.
Fast forward... I am now looking at selling this house through a Realtor friend. When I go to close, the expectation is that there will be a Warranty Deed. There will also be an updated title search done with title insurance.
If I go through with the sale, what kind of liability (title-wise) will I have once the sale is complete?