Unit 1: How Ownership is Acquired & Conveyed Flashcards
1
Q
In Texas, a what is the most frequently used instrument to transfer title?
A
A general warranty deed
2
Q
A what is a document containing implied warranties?
A
a general warranty deed
3
Q
the gold standard of property transfers.
A
a general warranty deed
4
Q
overwhelmingly used in residential purchases. Most lenders require it for properties they finance.
A
general warranty deed
5
Q
What does a general warranty deed do?
A
It offers buyers the greatest possible protection from future claims against the title.
