A deed in Arizona that provides the GREATEST protection to a buyer with warranties against all prior claims (even those before the grantor owned the property) is a:
Why General warranty deed Is Correct
Answer D: General warranty deed
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
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- A special warranty deed (also called a limited warranty deed) in Arizona warrants title:Escrow & Title
- A special warranty deed in Arizona warrants title only against:Escrow & Title
- A special warranty deed in Arizona differs from a general warranty deed in that:Escrow & Title
- In Arizona, which type of deed is used when the grantor makes no warranty of title whatsoever?Escrow & Title
- In an Arizona Deed of Trust, who holds bare legal title to the property?Finance
- In Arizona, the process by which a lender takes ownership of a property after the borrower defaults under a Deed of Trust is called:Finance
- A deed transfers ownership of Arizona real property when it is:Property Ownership
- Under a deed of trust in Arizona, who holds legal title to the property during the loan period?Finance
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.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
EasementA non-possessory right to use another person's land for a specific purpose.
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