A general warranty deed in NH provides:
Correct Answer
B) The broadest title protection, with the grantor warranting against all title defects for the entire chain of title
A general warranty deed provides the maximum title protection available. The grantor warrants the title against all defects and encumbrances throughout the entire chain of title, not just during the grantor's ownership. By contrast, a special warranty deed (option A) covers only the grantor's ownership period, and a quitclaim deed (option C) conveys no warranties at all. No deed type guarantees market value or physical condition (option D).
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
In a cooperative (co-op), the building is owned by a corporation, and residents purchase shares of stock in the corporation that entitle them to a proprietary lease on a specific unit. Residents are shareholders, not property owners.
Fee simple absolute is the highest and most complete form of property ownership, giving the owner unrestricted rights to use, possess, enjoy, and dispose of the property. It is of unlimited duration and fully inheritable.
Community property is a system where property acquired during a marriage is owned equally by both spouses.
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