Which of the Following Is the Least Desirable Type of Deed

question 16

Multiple Choice

Which of the following is the least desirable type of deed from the grantee's perspective?

• A) Quitclaim
• B) Special warranty
• C) Approved
• D) General warranty
• E) Specific

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Definitions:

Interest Rate

The rate charged or paid for the use of money, typically expressed as an annual percentage of the principal.

Annual Interest Rate

The percentage increase in money that occurs over a year, which includes interest on loans, deposits, or investments.

Investments

Assets or items acquired with the goal of generating income or appreciating in value over time.

Interest on Interest

The concept of earning interest on the reinvestment of previous interest payments, a compound interest phenomena.