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The seller or lender, also known as the grantor, and the buyer or the grantee are the two parties involved in a warranty contract.
B. The general warranty deed provides the buyer with the greatest protection. A bargain and sale deed carries no warranties against liens or other encumbrances, but assures that the grantor has the right to sell or convey the property.
The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.
A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.
An Arkansas warranty deed?sometimes called a general warranty deed?transfers real estate with complete warranty of title. The current owner guarantees a good, clear title, and the guarantee covers the property's entire chain of title.
A Kansas statutory warranty deed is used to transfer property with a warranty or guarantee from a seller to a buyer. The seller uses the warranty deed to guarantee that there are no other interests in the property being sold and that he or she has the legal authority to transfer the property.
12. Who benefits the most from recording a warranty deed? D. Explanation: The grantee is the one who has acquired an interest in the land, and she is the one who benefits the most from recording the deed to provide constructive (legal) notice of that interest.
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