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Transfer Of TitleTypes Of DeedsMEDIUM

A special warranty deed limits the grantor's warranty to claims arising only during which period?

Correct Answer

B) Only the grantor's own period of ownership

A special warranty deed limits the grantor's guarantee to defects that arose only during their own period of ownership. It does not warrant against title defects from prior owners, unlike a general warranty deed, which covers the entire chain of title. Special warranty deeds are commonly used in Montana by fiduciaries such as trustees, executors, and lenders conveying foreclosed property.

Answer Options
A
All prior owners' periods of ownership
B
Only the grantor's own period of ownership
C
No period — it provides no warranty whatsoever
D
Any future claims arising after the sale

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Related Topics & Key Terms

Related Topics:

general warranty deedquitclaim deedchain of titletitle insurancedeed covenants

Key Terms:

special warranty deedgeneral warranty deedgrantor's warrantychain of titlequitclaim deed
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