Kinds Of Deeds

Question 1

General Warranty Deed

Answer 1

Most commonly used in Hawaii and offers the purchaser greatest protection. The deed is granted free from defects that existed before grantor acquired the title

Question 2

Special Warranty

Answer 2

A deed in which grantor guarantees title to property with no warranty on it. Defects that came up during grantors ownership will pass along as well but not before

Question 3

Quitclaim

Answer 3

A deed that has no warranties and holds the least protection for the purchaser. Often used to remove Clouds of Title

Question 4

Bargain and Sale Deed

Answer 4

Holds no warranties like quitclaim, implies grantor has marketable title. Holds no covenants

Question 5

Sheriff’s Deed

Answer 5

Deed used when property is sold to satisfy judgement

Question 6

Commisioner’s Deed in Forclosure

Answer 6

Judicial action of foreclosing on the mortgage of an owners property