Escrow & Title
Which type of deed provides the greatest protection to the grantee in Delaware?
AQuitclaim deed
BBargain and sale deed
CSpecial warranty deed
DGeneral warranty deed✓ Correct
Explanation
A general warranty deed provides the greatest protection because the grantor warrants the title against all defects, whether arising before or during the grantor's ownership.
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Key Terms to Know
Deed
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.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
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