Property Ownership
A Florida property owner who subdivides their land and sells off a parcel typically conveys title through a:
AQuitclaim deed
BGeneral warranty deed or special warranty deed✓ Correct
CLicense agreement
DLease agreement
Explanation
When conveying a subdivided parcel, most Florida sellers provide a general warranty deed (full chain-of-title warranty) or special warranty deed (warranting only against defects during their ownership). The choice depends on the transaction and negotiation.
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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.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
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