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Questions and Answers
What is a warranty deed?
What is a warranty deed?
- A legal document used to transfer ownership of real property with certain guarantees from the seller to the buyer (correct)
- A legal document used to transfer ownership of real property without any guarantees from the seller to the buyer
- A legal document used to transfer ownership of a vehicle with certain guarantees from the seller to the buyer
- A legal document used to transfer ownership of personal property
What is the purpose of a warranty deed?
What is the purpose of a warranty deed?
- To provide protection to the government by ensuring that the title is clear and free from any defects or encumbrances
- To provide protection to both the seller and buyer by ensuring that the title is clear and free from any defects or encumbrances
- To provide protection to the buyer by ensuring that the title is clear and free from any defects or encumbrances (correct)
- To provide protection to the seller by ensuring that the title is clear and free from any defects or encumbrances
What is a general warranty deed?
What is a general warranty deed?
- A warranty deed that provides protection to the seller
- A warranty deed that provides no protection to the buyer
- A warranty deed that provides the highest level of protection to the buyer (correct)
- A warranty deed that provides the lowest level of protection to the buyer
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