A Maryland couple is selling their primary residence in St. Mary's County. Their real estate attorney tells them that the deed they will use at settlement is the most common type used in Maryland residential arm's-length sales and provides the buyer with the fullest warranty protection available. Which type of deed is the attorney describing?
Correct Answer
D) General warranty deed
A general warranty deed is the most commonly used deed in Maryland residential arm's-length sales transactions and provides the grantee with the broadest available warranty protection. Under Md. Code Ann., Real Prop. §§ 2-101 et seq., a general warranty deed contains covenants by which the grantor warrants title against all lawful claims and demands, whether arising before or during the grantor's ownership. This is the standard deed used when a seller wants to fully warrant the title they are conveying to the buyer.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
Tenancy in common is a form of co-ownership in which two or more persons hold separate, undivided interests in property without the right of survivorship. Each owner can hold unequal shares and can independently transfer their interest.
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