Escrow & Title
In Tennessee, when a property is sold and the deed is delivered and recorded, the seller's warranty in a general warranty deed protects the buyer against:
AFuture natural disasters and physical damage
BAll title claims and defects, whether arising before or during the seller's ownership✓ Correct
COnly title defects arising during the seller's ownership
DOnly title defects discovered within 1 year of closing
Explanation
A general warranty deed contains a warranty against all title claims — past and present, including claims arising before the grantor owned the property. This is the highest level of title protection available in a deed.
Related Tennessee Escrow & Title Questions
- In Tennessee, 'constructive notice' through recording means that:
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- An 'exception' in a title insurance policy is a matter that:
- A 'title plant' maintained by a title company in Tennessee is:
- In Tennessee, a 'deed restriction violation' discovered after closing may be enforced by:
- In Tennessee, the 'closing disclosure' must be provided to the borrower at least how many business days before closing?
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- A title insurance company that pays a claim for a covered title defect then steps into the insured's position to pursue recovery from the responsible party. This is called:
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