Property Ownership
In Kansas, a 'covenant of warranty' in a deed means:
AThe grantor guarantees the grantee's future satisfaction with the property
BThe grantor promises to defend the grantee's title against all claims and will compensate the grantee if title is defeated✓ Correct
CThe property's condition is warranted by the seller
DThe deed is warranted to be free of typographical errors
Explanation
The covenant of warranty in a deed is the grantor's promise to defend the title against claims and to compensate the grantee if the grantee loses title due to a defect covered by the warranty.
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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.
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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