Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Real Estate Law (https://www.askmehelpdesk.com/forumdisplay.php?f=29)
-   -   Limited warranty real estate deed (https://www.askmehelpdesk.com/showthread.php?t=56964)

  • Jan 23, 2007, 06:33 PM
    greenfrog
    Limited warranty real estate deed
    What is the difference in a limited warranty real estate deed and a general warranty deed?
  • Jan 23, 2007, 07:42 PM
    Fr_Chuck
    The limited warranty deed only gives you the specific warranty that is listed in the deed.

    A general warranty deeds automatically includes all warranties included in the warranty deed of that state,
    Normally they are coveant of seisin ( the seller is the owner and has the right to convey title)
    Covenant against encumbrances ( free from liens)
    Covenant of quiet enjoyment ( no third partiy claims)
    Covenant of further assurance ( seller will do what ever they have to do even in the future to make sure the title is good)
    Covenant of warranty forever ( the seller guarantees that at anytie in the future the title fails, the seller will compensate the buyer for the loss

    A limited warranty deed will only include normally just one of these.

    A quitclaim deed ( not mentioned) does not contain any of these

  • All times are GMT -7. The time now is 08:40 AM.