Asked by
Kuldeep Singh
on Dec 18, 2024Verified
In making a transfer by ________, deed the grantor is only making the promise that he or she has not done anything to lessen the value of the estate.
A) Quitclaim
B) Special warranty
C) Approved
D) General warranty
E) Specific
Special Warranty
A warranty in a deed that the grantor only guarantees against title defects that occurred during their ownership of the property.
General Warranty
A comprehensive guarantee that a seller gives to a buyer, covering the title and condition of property or goods.
Transfer by Deed
The act of conveying real estate ownership through a legal document known as a deed.
- Acquire knowledge about the purpose of deeds in the transfer of property and the assurances they deliver.
Verified Answer
DP
Learning Objectives
- Acquire knowledge about the purpose of deeds in the transfer of property and the assurances they deliver.