Asked by
Jessica Brown
on Dec 01, 2024Verified
A special warranty deed will give the buyer better rights against the grantor (seller) than a general warranty deed.
Special Warranty Deed
A Special Warranty Deed is a type of deed in which the seller guarantees they have not impaired the title but only during their ownership.
General Warranty Deed
A type of deed in real estate that provides the highest level of protection for the buyer, where the seller guarantees they hold clear title to the property and have the right to sell it.
Buyer
An individual or entity that purchases goods or services from a seller in exchange for monetary payment or other consideration.
- Acquire knowledge about the distinct classes of deeds and the particular guarantees or absence of guarantees they offer.
Verified Answer
DS
Learning Objectives
- Acquire knowledge about the distinct classes of deeds and the particular guarantees or absence of guarantees they offer.