ABSTRACT
A warranty is merely the legal term for what in general usage is referred to as a guarantee. The warranty deed is the strongest assurance one can receive that one is receiving exactly what one bargains for when securing an interest in real property. The major form of deed to real property is called a quitclaim deed. The standard terminology that appears in a quitclaim deed says something along the lines of “X hereby grants unto Y all of his right title and interest in the property known as Black Acre.” Adverse possession is the loss by the owner of the property to another party of a part of the bundle of property rights that the owner originally had. The government, by its mere existence as a government, always has the right to condemn private property for public use.
