Escrow & Title
In Arizona, the seller typically provides at closing a:
AWarranty deed transferring title to the buyer✓ Correct
BGrant deed only
CQuitclaim deed as a standard practice
DTitle insurance policy purchased by the seller
Explanation
In most Arizona residential transactions, the seller provides a warranty deed (or special warranty deed) at closing, conveying title to the buyer. Quitclaim deeds are used in special circumstances, not as a standard practice.
Related Arizona Escrow & Title Questions
- Recordation of a deed in Arizona provides:
- A subordination agreement in Arizona allows:
- An Arizona escrow agent who receives conflicting instructions from buyer and seller should:
- In Arizona, which type of deed is used when the grantor makes no warranty of title whatsoever?
- The 'RESPA' (Real Estate Settlement Procedures Act) prohibition on kickbacks applies to:
- Arizona uses the 'race-notice' recording statute, which means that a subsequent purchaser wins in a title dispute if they:
- Arizona's title insurance market is regulated to ensure that title insurance companies:
- A special warranty deed in Arizona differs from a general warranty deed in that:
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