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    kurianabraham's Avatar
    kurianabraham Posts: 1, Reputation: 1
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    #1

    Jan 24, 2010, 05:09 PM
    What is the difference between warranty deed and a quitclaim deed.
    I am trying to buy some vaccant properties from a investment company in Florida. These properties are tax deed properites they obtained from auctions. They offering me quiet claim deed in lieu of warranty deed. I am little confused to buy these property. Also I want to know, these tax deed properties can be sell or is there is any waiting time.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #2

    Jan 24, 2010, 05:20 PM

    A warranty deed means that the seller warrants that the property has clear title. A Quit (not quiet) claim deed includes no such warranty.

    You should do a title search regardless.
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