Escrow & Title
In Alaska, a general warranty deed provides the buyer with the broadest protection because:
AIt warrants title only against claims arising during the seller's ownership
BIt warrants title against all defects in the chain of title, including those from previous owners✓ Correct
CIt is guaranteed by the Alaska Real Estate Commission
DIt is insured by the federal government through HUD
Explanation
A general warranty deed includes covenants that warrant title against all defects, regardless of when they arose — even before the seller owned the property. This gives the buyer the strongest protection.
Related Alaska Escrow & Title Questions
- The chain of title for an Alaska property refers to:
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- Which of the following is a general lien that attaches to all of a debtor's real and personal property?
- In Alaska, 'marketable title' means:
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- In Alaska, a 'deed of trust' differs from a mortgage primarily because:
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