Property Ownership
What is a 'statutory warranty deed' in Illinois and how is it used?
AA deed required by Illinois statute for all residential property transfers
BA warranty deed whose covenants are established by statute rather than being written out in full; recognized under Illinois Conveyances Act✓ Correct
CA deed used only for transfers of government property in Illinois
DA deed that automatically includes a home warranty program
Explanation
Under the Illinois Conveyances Act, certain deed forms (including warranty deeds) have their covenants defined by statute rather than requiring explicit language for each covenant. When a deed uses standard statutory language (e.
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