A special warranty deed in West Virginia warrants title against defects that arose:
Correct Answer
B) Only during the grantor's period of ownership
A special warranty deed (limited warranty deed) warrants title only against defects arising during the grantor's ownership. It does not protect against defects from prior owners, offering less protection than a general warranty deed.
Why This Is the Correct Answer
A special warranty deed (limited warranty deed) warrants title only against defects arising during the grantor's ownership. It does not protect against defects from prior owners, offering less protection than a general warranty deed.
Why the Other Options Are Wrong
Deep Analysis of This Transfer Of Title Question
Background Knowledge for Transfer Of Title
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Exam Tip for Transfer Of Title
Real World Application in Transfer Of Title
Common Mistakes to Avoid on Transfer Of Title Questions
Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Actual notice means a person has direct, personal knowledge of a fact or interest in real property. This can come from being told, seeing something firsthand, or any form of direct awareness.
Adverse possession is a legal doctrine that allows a person to claim ownership of land by occupying it continuously for a statutory period under specific conditions, without the true owner's permission.
A bargain and sale deed implies that the grantor holds title and possession of the property but does not include warranties against encumbrances or title defects.
More Transfer Of Title Questions
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Minnesota Homestead Classification provides:
- → New Hampshire property taxes are:
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- → Pennsylvania property taxes are assessed based on:
- → In Illinois, what is the maximum household income limit for a senior citizen to qualify for the Senior Citizens Assessment Freeze Homestead Exemption?
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- → Why are Illinois real estate closings typically structured so that the seller credits the buyer for a portion of the current year's property taxes, even though the tax bill for that year has not yet been issued?
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