This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Compare and contrast a general warranty deed, a special warranty deed, and a quitclaim deed. What ... (Read 42 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Aug 3, 2018
Compare and contrast a general warranty deed, a special warranty deed, and a quitclaim deed.
 
  What will be an ideal response?

Question 2

Quit claim deeds are used when the interest of the grantor may be doubt.
 
  A. True
   B. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Aug 3, 2018
Answer to Question 1

A general warranty deed is the highest level of assurance to the buyer. The grantor warrants that the property is being transferred and conveyed without any reservation and is free and clear of any encumbrances or defects including those from prior owners. In a special warranty deed, the grantor gives a limited warranty, which extends to the grantor's interest only. There is no assurance with respect to previous owners in the chain of title. In a quit claim deed, the grantor makes no assurances concerning the quality and content of title. The quit claim deed is used when the interest of the grantor may be in doubt.

Answer to Question 2

A


Themember4

  • Member
  • Posts: 538
Reply 2 on: Aug 3, 2018
Wow, this really help

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Diagram of the general anatomy of a male cat Diagram of the general anatomy of a male cat
Mercury’s Orbit Explained by General Relativity Mercury’s Orbit Explained by General Relativity
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
General Andrew Jackson, on the horse, exhorts his men to throw back the advancing British; they succ General Andrew Jackson, on the horse, exhorts his men to throw back the advancing British; they succ
Classification of Inhalational Anesthetics Used for General Anesthesia Classification of Inhalational Anesthetics Used for General Anesthesia
The general description of allele and genotype frequencies under Hardy–Weinberg assumptions The general description of allele and genotype frequencies under Hardy–Weinberg assumptions
Video: Mendel's Principles of Inheritance (Father of Genetics)

For a complete list of videos, visit our video library