Definitions for "General warranty deed"
Related Terms:
Warranty deed, Special warranty deed, Quitclaim deed, Bargain and sale deed, Quit claim deed, Grant deed, Clear title, Cloud on the title, Cloud, Quitclaim, Cloud on title, Deed, Title defect, Title search or examination, Defective title, Transfer deeds, Deeds, Quit-claim deed, Granting clause, Good title, Transfer deed, Conveyance, Title search, Grant, Free and clear title, Title examination, Absolute title, Unmarketable title, Chain of title, Marketable title, Title deed, Legal title, Title, Encumbrance, Conveyancing, Certificate of title, Equitable title, General warranty, Abstract of title, Title report, Evidence of title, Ownership, Perfecting title, Torrens title, Delivery, Title deeds, Incumbrance, Bill of sale, Possessory title, Quiet title
A general warranty deed is a deed in which shows all of the sellerâ€(tm)s interest along with the title to the buyer but also states that if there is a lien on the title then the buyer can hold the seller responsible.
A deed where the grantor warrants title as to the claims of all others.
Deed that assures a purchaser that title to the property is free and clear of liens, encumbrances, and covenants and insures the purchaser against any future claims against the property.
The type of deed considered to provide the most protection to an owner, since the seller guarantees that he or she is the true owner of the property and that no claim will be brought against the property.
a deed in which the seller agrees to protect and defend you against rightful claims to the deed as long as the basis of the claim originated before the title was transferred to your name
a type of deed contract that transfers
a type of deed where
A deed in which the seller guarantees that the property title is clear back to its origins and that should the title fail, the seller will compensate the buyer for losses. This should not take the place of Title Insurance. (See also Deed.)
The highest form of a deed to be conveyed in which the seller warrants that there are no encumbrances on the title and that if something were to come up in the future, the seller will assist to clear any matters up.
A General Warranty Deed shows you all the lender's interest in and title to the property, but also warrants that if the title is defective or has a “cloud” in it (claims, tax liens, judgments, mechanic's liens against it), you may hold the lender liable.
A deed containing a covenant whereby the seller agrees to protect the buyer against being dispossessed because of any adverse claim against the land.
The Grantor warrants title against all claims.
Deed containing a covenant in which the grantor agrees to protect the grantee against any claimant.
deed that provides the buyer (grantee) with the greatest level of protection against potential problems with the property's title through specific seller guarantees in covenants, which include seisin, against encumbrances, quiet enjoyment, further assurance and warranty forever. For more information, see the "Introduction to Deeds" article in the "Real Estate In-Depth" section.
A deed which conveys not only all the grantor's interests in and title to the property to the grantee, but also warrants that if the title is defective or has a "cloud" on it (such as mortgage claims, tax liens, title claims, judgments, or mechanic's liens against it) the grantee may hold the grantor liable.
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.
Instrument which transfers legal title to property in which the Grantor warrants clear title to the Grantee.
A deed that expressly includes one or more covenants of title.
Title Company
A deed in which the grantor fully warrants that title is free from defects, or does not have a cloud on title. See Cloud On Title. Commonly used in most real estate deed transfers because it offers the greatest protection of any deed.
A deed in which the grantor grants all his rights, title and interests, but also warrants the title of the property from the beginning of its recorded history.
is a deed of conveyance in which the person conveying his interest in a property fully warrants good and clear title to the premises. It offers the greatest protection of any deed.
A deed in which the grantor (seller) agrees to the protect the grantee (buyer) against any other claim to title of the property. See also warranty deed.
A deed in which the grantor agrees to protect the grantee against any other claim to title of the property and provides other promises.
Generally, in Minnesota, title is transferred by a general warranty deed. A general warranty deed provides the greatest protection to the purchaser because the seller pledges or warrants that he or she legally owns the property and that there are no outstanding liens, mortgages, or other encumbrances against it. A warranty deed is also a guaranty of title, which means that the seller may be held liable for damages if the buyer discovers that the title is defective. A warranty deed is no substitute for title insurance, however, as a warranty from a seller who later dies or goes bankrupt may have little, if any, value.
A deed denoting an unlimited guarantee of title.
A deed in which the grantor fully warrants good and clear title to the property. A general warranty deed offers the most protection of any deed.
A deed in which the grantor agrees to protect the grantee against any other claim to title of the property. The covenants assure good title, freedom from encumbrances and quiet enjoyment.
A type of deed that provides the greatest protection to the grantee because the grantor provides various covenants (guarantees) that the title being given is good.
An instrument of conveyance containing the strongest and most comprehensive promises of further assurance possible for a grantor (seller) to convey to a grantee (buyer)
The seller protects the buyer from other requisitions to the title of the property.
Keywords:
promise
a promise by a