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Transfer Of TitleTypes Of DeedsMEDIUM

A special warranty deed guarantees that the grantor will defend the title against claims arising from which of the following?

Correct Answer

B) Only defects or claims that arose during the grantor's period of ownership

A special warranty deed (also called a limited warranty deed) limits the grantor's warranty to title defects or encumbrances that arose only during the grantor's ownership. The grantor does not warrant against defects that existed before they acquired the property. This is in contrast to a general warranty deed, which warrants against all title defects regardless of when they arose. Special warranty deeds are commonly used in Delaware by fiduciaries such as executors, trustees, and banks.

Answer Options
A
All title defects that have ever existed, regardless of when they arose
B
Only defects or claims that arose during the grantor's period of ownership
C
No title defects whatsoever, providing no warranty to the grantee
D
Only defects that arise after the deed is delivered to the grantee

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Background Knowledge for Transfer Of Title

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Related Topics & Key Terms

Related Topics:

general warranty deedquitclaim deedcovenant of seisintitle insurancefiduciary deeds

Key Terms:

special warranty deedlimited warrantygrantor's periodgeneral warranty deedquitclaim deed
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