Question

For the buyer of property, the basic reason for choosing a general warranty deed over a special warranty deed or a quit claim deed is:

a) To avoid the seizen statement
b) To verify the habendum clause
c) To be sure all restrictions are eliminated
d) To define the covenants which will bind the grantor

Answer 1

The buyer of property typically chooses a general warranty deed over other types of deeds to ensure that the seller provides comprehensive guarantees about ownership and freedom from liens or encumbrances on the property.

Step-by-step explanation:

For the buyer of property, the main reason to prefer a general warranty deed over a special warranty deed or a quit claim deed is to define the covenants which will bind the grantor. A general warranty deed provides the most comprehensive guarantee that the seller has good title to the property and the right to sell it. It also assures the buyer that there are no undisclosed liens or encumbrances on the property. This type of deed includes various covenants, such as the covenant of seisin, which ensures the grantor owns the property and has the legal right to convey it; the covenant against encumbrances, which assures that there are no hidden liens or claims on the property; and the covenant of quiet enjoyment, which protects the buyer from future claims against the property.