Final answer:
A general warranty deed offers the highest level of protection to property buyers by guaranteeing a clear title and safeguarding against all potential past, present, and future claims or encumbrances on the property.
Step-by-step explanation:
A general warranty deed is a document used in real estate that provides the highest level of protection to the purchaser of property. It warrants against any past, current, and future encumbrances, or claims, that may arise. Specifically, the deed guarantees that:
- The grantor has the legal right to transfer the property.
- The property is free from any encumbrances (such as mortgages, liens, or easements) unless specifically stated in the deed.
- The grantor will defend against any claim to the title of the property by others and will compensate the grantee for any loss resulting from a superior claim not disclosed at the time of sale.
These guarantees ensure that the purchaser receives a clear title to the property, and they can have legal recourse if any issues with the title arise after the transfer.