The Tennessee Granting Clause is a critical aspect of property law in the state of Tennessee, outlining the rights and limitations of a property owner when granting a property to another party. This clause establishes the extent and nature of the ownership interest the grantee (the person receiving the property) will have and provides vital information regarding the transfer of property rights. In Tennessee, there are two primary types of Granting Clauses commonly used: 1. General Warranty Deed: This type of Granting Clause in Tennessee provides the grantee with the highest level of protection. It assures the grantee that the property is free from any encumbrances or defects, even if they have arisen before the granter (the person transferring the property) acquired ownership. This clause guarantees that the granter will defend the title against any future claims and compensate the grantee if the title is found to be defective. 2. Special Warranty Deed: This type of Granting Clause offers a more limited level of protection compared to the General Warranty Deed. It warrants that the granter only defends the title against any claims or encumbrances that may have arisen during the granter's ownership of the property. However, it does not provide protection against any defects or claims that may have existed before the granter owned the property. Both types of Tennessee Granting Clauses serve to protect the grantee's interest in the property and establish the granter's responsibility in defending the title. It is crucial for both parties involved in a property transfer to fully understand the implications of the Granting Clause to ensure a smooth and legally sound transaction. Keywords: Tennessee Granting Clause, property law, property owner, transfer of property rights, General Warranty Deed, Special Warranty Deed, grantee, granter, encumbrances, defects, ownership interest, title, claim, property transfer.
Tennessee Granting Clause
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