5 Questions
Which type of deed offers the greatest warranty to buyers?
General warranty deed
When does title officially change hands in a real estate transaction?
When the grantee accepts the deed
What is the purpose of a deed in a real estate transaction?
To transfer ownership of real property
How many covenants does a general warranty deed provide?
Six covenants
What is the covenant of seisin in a general warranty deed?
The grantor holds title to and possession of the property
Test your knowledge on the purpose and types of deeds used in real property transactions. Learn about the role of deeds in transferring title and understand the different types of deeds and when they are typically used.
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