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0 tracked cards Real Property

Seller conveyed Ranch to Buyer by quitclaim deed. Buyer paid fair market value and had no actual, record, or inquiry notice of an earlier unrecorded deed from Seller to A. A argues that Buyer cannot be a bona fide purchaser because Buyer accepted a quitclaim deed.
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A quitclaim deed protects the grantee only if the grantor later signs a warranty deed. A quitclaim deed can convey only leasehold interests. A quitclaim deed always contains the covenant of seisin. A quitclaim deed does not by itself prevent bona fide purchaser status in many jurisdictions, though surrounding facts may matter.

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