Business / Real Estate / Warranty Deed: A deed in which the grantor fully warrants good clear title to the premises, also called a general warranty deed. The usual covenants of title are covenant of seisin (possession), covenant of quiet enjoyment, covenant against encumbrances, covenant of warranty forever and covenant of further assurance. A warranty deed warrants the title, not the quality of construction of the real property. A warranty deed is used in most real estate deed transfers and offers the greatest protection of any deed.
Warranty Noun Synonyms: guarantee, assurance, promise, commitment, covenant, undertaking, agreement, pledge, bond
Business / Real Estate / General Warranty Deed: A deed in which the grantor fully warrants good clear title to the premises. Used in most real estate deed transfers, a general warranty deed offers the greatest protection of any deed. MORE
Business / Real Estate / Covenant Of Warranty Forever: The grantor promises to compensate the grantee for the loss sustained if the title fails at any time in the future. These covenants in a general warranty deed are not limited to matters that occurred MORE