Covenants Flashcards
1
Q
Types of Present Covenants
A
- Do NOT run with the land
- Covenant of seisin
- Covenant of right to convey
- Covenant against encumbrances
2
Q
Covenant of Seisin
A
Grantor promises that he owns and possesses the estate granted
3
Q
Covenant of Right to Convey
A
Grantor promises that he has the right to convey the property
4
Q
Covenant against encumbrances
A
Grantor promises that there are no encumbrances on the property
5
Q
Types of Future Covenants
A
DO run with the land
- Covenant of quiet enjoyment
- Covenant of warranty
- Covenant of future assurance
6
Q
Covenant of Quiet enjoyment
A
Grantor covenants that the grantee will not be disturbed by a superior claim
7
Q
Covenant of warranty
A
- Grantor guarantees that he will assist in defending title against lawful claims
- and will compensate the grantee for losses sustained by an assertion of superior title
8
Q
Covenant of Further Assurances
A
Grantor promises to take whatever steps may be required to perfect defects of title