Property Ownership
Which type of deed in Oklahoma provides the buyer with the greatest protection against title defects?
AQuitclaim deed
BSpecial warranty deed
CGeneral warranty deed✓ Correct
DSheriff's deed
Explanation
A general warranty deed provides the buyer with the broadest title protection, with the grantor warranting the title against all defects throughout history, not just those arising during the grantor's ownership.
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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.
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.
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