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Transfer Of TitleTypes_of_deedsMEDIUM

A special warranty deed warrants title against defects arising during which period?

Correct Answer

B) Only during the grantor's period of ownership

A special warranty deed provides a limited warranty in which the grantor warrants title only against defects or claims arising during the grantor's own period of ownership. It does not protect against defects that existed before the grantor acquired the property. This differs from a general warranty deed, which warrants against all defects throughout the entire chain of title.

Answer Options
A
The entire chain of title, from the original grant forward
B
Only during the grantor's period of ownership
C
No period β€” no warranty is provided
D
Only after the deed is delivered and recorded

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Related Topics & Key Terms

Related Topics:

general-warranty-comparisonREO-salescommercial-transactions

Key Terms:

special warrantygrantor's periodlimited warrantyREO sales
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