Escrow & Title
What is a Special Warranty Deed in Nevada?
AA deed guaranteeing title against all claims since the beginning of time
BA deed where the grantor warrants title only against defects arising during their ownership period✓ Correct
CA deed used only in government-to-private land transfers
DA deed providing no warranties to the grantee
Explanation
A Special Warranty Deed (also called a Limited Warranty Deed) warrants title only against defects arising during the grantor's period of ownership, not against claims predating their ownership. It is commonly used in commercial real estate and bank-owned (REO) sales.
Related Nevada Escrow & Title Questions
- In Nevada, the foreclosure process under a deed of trust is primarily:
- What does ALTA stand for in the context of Nevada title insurance?
- What is the difference between an owner's title policy and a lender's title policy in Nevada?
- What is title insurance designed to protect against in Nevada?
- RESPA (Real Estate Settlement Procedures Act) requires lenders to provide buyers with a Closing Disclosure at least how many business days before closing?
- In a Nevada closing, what is a HUD-1 Settlement Statement (or Closing Disclosure) used for?
- What is a Nevada HOA's 'first right of approval' for buyers and is it enforceable?
- A standard coverage owner's policy versus an ALTA (American Land Title Association) extended policy — in Nevada, a lender typically requires:
Practice More Nevada Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nevada Quiz →