NCh2 Types Of Deeds Flashcards
The type of deed that guarantees and protects against defects and offers the best protection and is also the MOST COMMON deed is called
General warranty deed
The type of deed that guarantees title ONLY against defects arising under the grantor’s period of ownership AND NOT BEFORE is called
Special warranty deed
The type of deed with only one covenant, not providing any warrantees about the condition of the title, but only promising the grantor has a right to convey the title, usually held by trustees executives, sheriffs and officers of the court is called.
Bargain and sale deed
The type of deed that gives no warranties or guarantees and offers the least protection is called.
Quitclaim deed