Escrow & Title
A warranty deed in Illinois provides the grantee with which of the following guarantees?
AThe grantor owned the property free and clear of any taxes
BThe grantor warrants the title against all claims, both before and during the grantor's ownership✓ Correct
CThe property has no physical defects
DThe property appraised at the contract price
Explanation
A general warranty deed provides the strongest form of title guarantee, where the grantor warrants the title against all claims and defects arising from any period, not just during the grantor's ownership. This is the most protective deed for the buyer.
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