Property Ownership
Which type of deed provides the MOST protection to the grantee?
AQuitclaim deed
BBargain and sale deed
CGeneral warranty deed✓ Correct
DSheriff's deed
Explanation
A general warranty deed provides the highest level of protection to the grantee. The grantor warrants the title against all defects and encumbrances arising at any time, even before the grantor owned the property.
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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).
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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.
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