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What are "warrants" in deeds? What are they also known as?

1) Estate of like nature
2) Contract for Sale
3) Deed of Gift
4) None of the above

1 Answer

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Final answer:

Warrants in deeds, also known as estate of like nature, are legally binding guarantees in the context of real estate transactions.

Step-by-step explanation:

Warrants in Deeds

In the context of real estate, a warrant is a legally binding guarantee that certain conditions or covenants will be upheld. Warrants in deeds are also known as estate of like nature. They serve to protect the buyer by ensuring that the seller has the legal right to sell the property and that the property is free from any encumbrances or defects.

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