Deeds

Question 1

Deed

Answer 1

A deed is used to transfer an interest in real property. In order to be valid, a deed must in writing, signed by grantor, reasonably identifying parties and reasonably identifying the property. Must de delivered to be effective

Question 2

Delivery

Answer 2

delivery refers to the grantors intention to make the deed presently effective, even if possession is postponed.

Question 3

General Warranty Deed

Answer 3

Covenant of seisin, covenant against encumbrances, conveyance, Quiet use and enjoyment, warranty (defend against 3rd party claims), Further assurances (will do whatever reasonably necessary to perfect title.)

Question 4

Special Warranty Deed

Answer 4

warrants or guarantees the title against defects in clear title that may have arisen during the period of its tenure or ownership of the property

Question 5

Quitclaim

Answer 5

Releases whatever interest the grantor has. No covenants of title included or implied.