Escrow & Title
Which type of deed is commonly used to convey REO (bank-owned) properties in Utah?
AGeneral warranty deed
BSpecial warranty deed or trustee's deed with limited warranties✓ Correct
CQuitclaim deed with no warranties
DSheriff's deed
Explanation
Banks selling REO properties typically use special warranty deeds (warranting only against defects during their ownership period) or trustee's deeds, as they cannot warranty against defects that arose before they acquired the property through foreclosure.
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