Which of the following is a common type of deed used in property transfers?

A warranty deed is a common type of deed used in property transfers. It is a legal document that guarantees the grantor's (the seller's) clear title to the property and provides certain assurances to the grantee (the buyer). Specifically, the warranty deed includes covenants that protect the buyer against any claims to the title and assures that the seller has the legal right to transfer the property. This means that the seller is promising that there are no liens or claims against the property and that they will defend the title against any future claims.

The other options listed are not typically used as standard deeds for transferring ownership of property. A lease deed pertains to leasing property and does not transfer ownership, while both rental deed and mortgage deed refer to different aspects of property management and financing rather than outright ownership transfer through a deed. Thus, the warranty deed stands out as the primary choice for property transfers among the options presented.