Escrow & Title
In New Mexico, a 'special warranty deed' warrants title only against defects arising:
ABefore the grantor acquired the property
BDuring the grantor's period of ownership✓ Correct
CAt any time in history
DAfter the deed is recorded
Explanation
A special warranty deed limits the grantor's warranty to the period of their ownership. The grantor does not warrant against defects that existed before they acquired the property — only defects that arose during their ownership.
People Also Study
Related New Mexico Questions
- In New Mexico, a 'special warranty deed' (also called a limited warranty deed) warrants title only:Escrow & Title
- In New Mexico, a 'warranty of title' in a general warranty deed protects the grantee by covenanting against:Escrow & Title
- In a New Mexico deed of trust, who holds legal title to the property during the loan period?Finance
- In New Mexico, a 'warranty forever' covenant in a general warranty deed means the grantor:Escrow & Title
- A general warranty deed provides the greatest protection to the buyer because the grantor:Escrow & Title
- When a New Mexico borrower pays off their deed of trust loan, the trustee must issue a:Finance
- In New Mexico, a 'statutory warranty deed' provides:Property Ownership
- In New Mexico, which of the following is TRUE about a 'warranty forever' covenant in a general warranty deed?Property Ownership
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.
Abstract of TitleA condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Math Concepts
Study This Topic
Practice More New Mexico Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Mexico Quiz →