Legal Question in Real Estate Law in North Carolina

Re: Warranty and Non Warranty Deeds

Generally speaking, a Warranty Deed "warrants" that you have marketable title to the property. A Quit Claim deed is also used often to transfer title but does not "warrant" that you have title. A warranty deed is used most often when you are buying property from a seller for value; a quit claim most often when property is transferred by virtue of a divorce, estate, or when you are releasing a security deed.