Which type of deed provides a buyer with the greatest protection against title defects, including those arising before the grantor's period of ownership?
Correct Answer
B) General warranty deed
A general warranty deed provides the greatest protection to the buyer. The grantor warrants and defends title against all defects and encumbrances, including those arising before the grantor's ownership. This is the most common deed used in Arkansas residential real estate transactions. By contrast, a special warranty deed only warrants against defects arising during the grantor's ownership, and a quitclaim deed conveys only whatever interest the grantor holds with no warranties at all.
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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
Which type of deed provides the grantee with the greatest protection against title defects from any point in the property's history?
Oklahoma uses which type of recording system?
Title insurance primarily protects against which of the following?
Which best describes a quitclaim deed?
What is Oklahoma's documentary stamp tax rate on real estate transfers?
- → In Oklahoma, real estate documents such as deeds are recorded with which office?
- → Under Arkansas law, what is the realty transfer tax rate charged when real property is conveyed?
- → In Arkansas, with which office are real estate deeds and other property documents officially recorded?
- → Arkansas uses which type of recording system to determine priority among competing claims to real property?
- → A special warranty deed guarantees that the grantor will defend the title against claims arising from which of the following?
- → An abstract of title is best described as which of the following?
- → Delaware's realty transfer tax, which can total up to 4% of the purchase price, is considered:
- → Which of the following best describes the legal concept of escheat?
- → Title insurance primarily protects the policyholder against which of the following?
- → Which of the following is NOT required for a deed to be legally valid in Delaware?
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