Discuss the types of deeds that can be used to transfer title


Warranty deeds, special warranty deeds, and quitclaim deeds are the three commonly used types of deeds. By a warranty deed, the grantor promises the grantee that he has a valid title and gives covenants against encumbrances, of quiet enjoyment, and warranty. In a quitclaim deed, the grantor makes no representations of having title to the property, but merely grants whatever interest he has. A special warranty deed warrants title only so far as it concerns the grantor's acts or omissions.

Business

You might also like to view...

List three types of reports commonly used to monitor and control operations in business

What will be an ideal response?

Business

Which one of the following statements regarding changing inventory methods is true?

a. A change in inventory methods can be justified if the change is made to better match profits with revenue. b. Changing inventory methods affects consistency. c. One place that the reader of an annual report would be able to identify that a company changed inventory methods is the statement of stockholders' equity. d. Tax advantages are valid justification for changing inventory methods.

Business

A double-barreled question is one that places undue emphasis on some aspect of the topic

Indicate whether the statement is true or false

Business

When sharing research with others, applications such as Google Drive and Dropbox allow research to be organized

Indicate whether the statement is true or false.

Business