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10 Cards in this Set
- Front
- Back
General Warranty Deed
"warrants title against defects..." |
arising before as well as during the time the grantor had title.
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General Warranty Deed
What are the 6 covenants? |
1)Covenant of Seisin
2)Covenant of Right to Convey 3)Covenant Against Encumbrances 4)Covenant of Quit Enjoyment 5)Covenant of Warranty 6)Covenant of Further Assurances |
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Covenant of Seisin
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Grantor promises that he owns the estate or interest that he purports to convey
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Covenant of Right to Convey
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Grantor promises that he has the power to make the conveyance
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Covenant Against Encumbrances
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Grantor promises that there are no easements, covenants, mortgages, liens, or other encumbrances on the property.
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Covenant of Quiet Enjoyment
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Grantor promises that the grantee will not be disturbed in possession by a third party's lawful assertion of superior title.
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Covenant of Warranty
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Grantor promises he will defend on behalf of the grantee any lawful claims existing at the date of conveyance and will compensate the grantee for any loss sustained by the assertion of superior title.
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Covenant of Further Assurances
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Grantor promises to perform whatever acts are reasonable necessary to perfect title. (NOT USED MUCH IN US.)
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Special Warranty Deed
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warranties cover only defects arising during the grantor's tenure and not defects arising prior to that time. AND grantor guarantees that he has done nothing to make title defective.
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Quitclaim Deed
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Warrants NOTHING. Grantor merely transfers whatever right, title or ineterest he has.
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