Final answer:
Deeds containing covenants or warranties offer buyers explicit or implied assurances regarding property rights and usage. Restrictive covenants limit property use and historically included discriminatory exclusionary clauses. Guarantees and warranties also provide reassurances in various consumer transactions.
Step-by-step explanation:
The types of deeds that contain some covenants or warranties are generally intended to provide protection or assurance to the buyer of a property. For instance, these deeds might explicitly state guarantees about the title of the property, the seller's ownership, or restrictions on the property's use.
Restrictive covenants are common examples, which limit how property can be used — they might mandate minimum house sizes or other aesthetic guidelines. Additionally, some deeds contain exclusionary covenants, historically used to enforce segregation by prohibiting property sales to certain ethnic groups, although such practices have been deemed unconstitutional and illegal.
Other forms of reassurances provided by sellers include guarantees, warranties, and service contracts. These can be explicit, like a warranty provided at the time of sale, or implicit, such as an unstated policy of a restaurant to replace a dish the customer is not satisfied with.