A 'general warranty deed' in North Carolina provides:
Why The broadest warranty, defending title against all claims, including those predating the grantor's ownership Is Correct
Answer C: The broadest warranty, defending title against all claims, including those predating the grantor's ownership
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
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- A general warranty deed in North Carolina provides the buyer with:Escrow & Title
- A special warranty deed in North Carolina differs from a general warranty deed in that:Escrow & Title
- In NC, a 'special warranty deed' provides the grantee with warranty protection only against:Property Ownership
- A lis pendens recorded against a North Carolina property provides:Escrow & Title
- Recording a deed in North Carolina's Register of Deeds provides:Escrow & Title
- Under NC law, a 'declaration of homestead' provides limited protection against creditor claims. This protection is governed by:Property Ownership
- Which type of deed provides the buyer with the LEAST protection?Property Ownership
- A North Carolina broker who provides services to a buyer without a written buyer agency agreement is acting as:Agency
Key Terms to Know
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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