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2 of 10 - Which of the following is not considered a basic real estate deed?‎ A. General Warranty deed B. Bargain and Sale deed C. Special Warranty deed D. Sheriff's deed"

a) General Warranty Deed
b) Bargain and Sale Deed
c) Special Warranty Deed
d) Sheriff's Deed

1 Answer

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Final answer:

The correct answer is D. Sheriff's Deed, which is not considered a basic real estate deed because it is a document resulting from a public sale due to foreclosure or tax delinquency and does not offer the same guarantees as other deeds.

Step-by-step explanation:

The question asks which of the listed options is not considered a basic real estate deed. A basic real estate deed is a legal document that transfers ownership of property from one party to another and includes certain guarantees concerning the title of the property.

  • General Warranty Deed - Offers the highest level of protection to the buyer, with the seller guaranteeing that they hold a clear title to the property.
  • Bargain and Sale Deed - Implies that the seller holds title to the property, but offers no warranties against liens or other claims.
  • Special Warranty Deed - Guarantees that the seller has not encumbered the property during their period of ownership but does not guarantee against past claims.
  • Sheriff's Deed - Is a deed given when property is sold through a public sale as a result of foreclosure or tax delinquency. It does not fall into the category of a basic real estate deed because it does not come with the guarantees associated with traditional deeds.

Therefore, the correct answer to the question is D. Sheriff's Deed, as it is not considered a basic real estate deed.

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