Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

33
Posts
23
Votes
Brandon Coleman
Pro Member
  • Rental Property Investor
  • St. Louis, MO
23
Votes |
33
Posts

Quit Claim/Non-Warranty Deed

Brandon Coleman
Pro Member
  • Rental Property Investor
  • St. Louis, MO
Posted

Does anyone have any experience or insight with these? Is there something I should look out for? 

  • Brandon Coleman
  • Most Popular Reply

    User Stats

    3,465
    Posts
    3,417
    Votes
    Tom Gimer
    Professional Services
    Pro Member
    • DMV
    3,417
    Votes |
    3,465
    Posts
    Tom Gimer
    Professional Services
    Pro Member
    • DMV
    Replied

    If you are being offered a deed with no warranties (in a jurisdiction where warranty deeds are commonly used), there should be a valid reason.  For example, in the case of a trustee’s sale, the “seller” is not in a position to give warranties as they have only bare legal title and know next to nothing about the property and its history. 

    In these situations where a seller is essentially saying “I’m selling you whatever I own”, a thorough and accurate title search becomes that much more important.

    • Tom Gimer
    business profile image
    Eastern Title & Settlement
    5.0 stars
    8 Reviews

    Loading replies...