Deeds in Real Property
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Questions and Answers

Which type of deed offers the greatest warranty to buyers?

  • Quitclaim deed
  • Grant deed
  • Special warranty deed
  • General warranty deed (correct)
  • When does title officially change hands in a real estate transaction?

  • When the grantor signs the deed
  • When the property is physically transferred
  • When the purchase price is paid in full
  • When the grantee accepts the deed (correct)
  • What is the purpose of a deed in a real estate transaction?

  • To provide financing for the purchase
  • To transfer ownership of real property (correct)
  • To establish a lease agreement
  • To transfer ownership of personal property
  • How many covenants does a general warranty deed provide?

    <p>Six covenants</p> Signup and view all the answers

    What is the covenant of seisin in a general warranty deed?

    <p>The grantor holds title to and possession of the property</p> Signup and view all the answers

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