Business / Real Estate / Warranty Deed
Warranty Deed: A deed in which the grantor fully warrants good clear title to the premises, also called a general warranty deed. The usual covenants of title are covenant of seisin (possession), covenant o . . . View Full Definition
General Warranty Deed: A deed in which the grantor fully warrants good clear title to the premises. Used in most real estate deed transfers, a general warranty deed offers the greatest protection of any deed.
Covenant Of Warranty Forever: The grantor promises to compensate the grantee for the loss sustained if the title fails at any time in the future. These covenants in a general warranty deed are not limited to matters that . . . View Full Definition
Special Warranty Deed: A deed in which the grantor warrants or guarantees the title only against defects arising during the period of his or her tenure and ownership of the property and not against defects existin . . . View Full Definition
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