Deed Types

Question 1

What are the three deed types

Answer 1

General Warranty Deed
Special Warranty Deed
Quitclaim Deed

Question 2

What is a general warranty Deed

Answer 2

General warranty deeds provide the greatest amount of title protection. The grantor warrants title against all defects, EVEN IF the grantor did not cause the defects.

Question 3

What is a special warranty deed?

Answer 3

Special warranty deeds provide less title protection than general warranty deeds. The grantor warrants titles against defects caused by the grantor.

Question 4

What is a quitclaim deed?

Answer 4

Quitclaim deeds provide the least amount of title protection. The grantor makes no warranties as to the health of the title.

Question 5

What are the six implied covenants?

Answer 5

Three Present covenants
1) Covenant of seisin.
2) Covenant of the Right to convey.
3) Covenant against encumbrances
Three Future covenants
4) Covenant of quiet enjoyment
5) Covenant of Warranty
6) Covenant of Further Assurances

Question 6

What is the covenant of seisin?

Answer 6

Warrants that the deed describes the land in question and that the grantor is the rightful owner.

Question 7

What is the “covenant of the right to convey.”

Answer 7

Warrants that the grantor has the right to convey the property.

Question 8

What is the covenant against encumbrances?

Answer 8

Warrants that there are no undisclosed encumbrances on the property that could limit the value.

Question 9

What is the covenant of quiet enjoyment?

Answer 9

Grantor promises to defend against future challenges to the grantee’s title against the property.

Question 10

What is the covenant of warranty?

Answer 10

Grantor promises to defend against future developments that extend into the grantee’s property boundary.

Question 11

What is the covenant of further assurances?

Answer 11

Grantor promises to do what is reasonably necessary to cure future problems with title.