In Alaska, a 'warranty forever' covenant in a deed means the grantor promises to:
Why Defend the grantee's title against all future claims and compensate the grantee if title fails Is Correct
Answer B: Defend the grantee's title against all future claims and compensate the grantee if title fails
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
Key Property Ownership Terms in This Question
People Also Study
Related Alaska Questions
- Which type of deed provides the grantee with the GREATEST protection against title defects?Property Ownership
- In Alaska, a 'covenant of seisin' in a warranty deed means the grantor warrants that:Property Ownership
- In Alaska, a 'covenant against encumbrances' in a warranty deed means the grantor warrants that:Escrow & Title
- In Alaska, a general warranty deed provides the buyer with the broadest protection because:Escrow & Title
- A warranty deed in Alaska provides the grantee with:Escrow & Title
- In Alaska, which type of deed provides NO warranty of title?Escrow & Title
- A land contract (contract for deed) in Alaska means:Finance
- In an Alaska installment land contract (contract for deed), legal title is held by:Contracts
Key Terms to Know
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Title InsuranceInsurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
1031 ExchangeA tax-deferred exchange allowing investors to sell one investment property and reinvest proceeds in a like-kind property while deferring capital gains taxes.
EasementA non-possessory right to use another person's land for a specific purpose.
Math Concepts
Study This Topic
Practice More Alaska Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →