Which type of deed is best described as a deed with the intention to correct a previously recorded error?

Prepare for the Metro Brokers Exam with flashcards and multiple choice questions. Each question is accompanied by hints and explanations. Get ready for your certification!

A correction deed is specifically designed to rectify a mistake in a previously recorded deed. This type of deed is used to amend errors such as misspellings, incorrect property descriptions, or other inaccuracies that may have occurred in the original documentation. By filing a correction deed, the parties involved clarify the intent and restore the rightful information in the public record, ensuring that the property's title reflects accurate and updated details.

In contrast, a quitclaim deed relinquishes any claim or interest the grantor may have in the property without providing warranties about the title's validity. A warranty deed offers legal assurances to the grantee that the property is free from any encumbrances, except those listed in the deed itself, which is not its primary purpose of correcting past errors. Lastly, a testator's deed is relevant to property transfer upon death and does not address the correction of errors in previous deed recordings. Thus, a correction deed is the most apt choice for amending inaccuracies in prior deeds.

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