Final answer:
In real estate transactions, the seller is traditionally charged with the preparation of the warranty deed which guarantees a clear title to the buyer. The seller's responsibility includes ensuring that the title is free from any claims or liens. Therefore, the correct option is 2).
Step-by-step explanation:
The warranty deed is a legal document that guarantees the title to a property is free from any claims or liens. In a real estate transaction, the preparation of the warranty deed is typically the responsibility of the seller. The deed is one of the essential documents transferred from seller to buyer during the closing process of a property sale, and it provides assurance to the buyer that the seller has the rightful authority to sell the property and that there are no undisclosed encumbrances against the property.
The cost associated with the preparation of the warranty deed can vary, but traditionally, it is part of the seller's closing costs. While the specific practices can differ by region, the general principle is that the seller should provide the buyer with a clear and marketable title. If negotiations between the buyer and seller lead to different terms, these will be stated in the purchase agreement.
Therefore, the correct option is 2).