By what means do grantors affirm ownership and the right to convey property?

Prepare for the North Carolina Broker Reciprocal Exam. Sharpen your skills with flashcards and multiple-choice questions. Each question offers explanations to ensure clarity and understanding. Get ready to excel!

The correct answer is the Special Warranty Deed. This type of deed is specifically designed to affirm ownership and the right to convey property, but with certain limitations. When a grantor uses a Special Warranty Deed, they guarantee that they have not caused any title defects during their period of ownership, and they are conveying whatever interest they hold in the property.

In contrast, a General Warranty Deed provides broader assurances, guaranteeing against all defects in title regardless of when they occurred. Although the General Warranty Deed implies ownership and the right to convey, it is not as limited in its scope compared to the Special Warranty Deed.

A Quitclaim Deed, however, does not offer any guarantees about ownership or the right to convey. It merely transfers whatever interest the grantor may have, if any, with no warranties about the validity of the title. Therefore, it lacks the affirmations found in both the General and Special Warranty Deeds.

The Grant Deed, while used in some states, generally conveys the same implications as a Special Warranty Deed, but also does not provide the same level of affirmative guarantees nationwide. In North Carolina, the distinction and preference often lean towards the Special Warranty Deed for the specific affirmation of ownership rights during the grant

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