Land conveyancing Flashcards
2 implied promises in every land K
1) S promises to provide marketable title at closing
2) S promises not to make any false statements of material fact
Does the land K contain implied warranties of fitness or habitability?
NO
General warranty deed
present warranties- breached at delivery
1) covenant of seisin
2) covenant of right to convey
3) covenant against encumbrances
future warranties- breached when possession disturbed (enforceable by future grantees against original grantor; run w/ land)
4) covenant for quiet enjoyment
5) covenant of warranty
6) covenant for further assurances
general W deed: covenant of seisin
grantor owns this estate
must have title and possession at time of grant
general W deed: covenant of right to convey
grantor has power to transfer
general W deed: covenant against encumbranches
no servitudes or mortgages on Blackacre
general W deed: covenant for quiet enjoyment
grantee won’t be disturbed in possession by 3rd party’s lawful claim of title
(didn’t convey title to others)
general W deed: covenant of warranty
grantor will defend grantee against any lawful title claims asserted by others
general W deed: covenant for further assurances
grantor will do whatever is needed in the future to perfect the title if it turns out to be imperfect