Deeds Flashcards
1
Q
Deed
A
Evidence of transfer
2
Q
A grant deed
A
Transfer of real property from one person or entity to another,
Each party transferring an interest in the property, OR grantor is required to sign it
3
Q
Quitclaim Deed
A
Releasing a persons Interest with no warranties
4
Q
Warranty Deed
A
Guarantees a clear title to the buyer of the property
5
Q
Special Warranty Deed
A
Seller only guarantees the title against defects that may arisen during the period of ownership of the property.
6
Q
General Warranty Deed
A
Seller guarantees the title against defects that may have arisen during the entire life of the property