Escrow & Title
In Wisconsin, a 'warranty forever' covenant in a general warranty deed means the grantor agrees to:
AMaintain the property for the buyer's lifetime
BDefend the grantee's title against all lawful claims from any source at any time✓ Correct
CPay property taxes for 10 years after closing
DGuarantee the property appreciates in value
Explanation
The warranty forever covenant in a general warranty deed obligates the grantor (and their heirs) to defend the grantee's title against any claim, from any source, at any time — including claims that arose before the grantor owned the property.
Related Wisconsin Escrow & Title Questions
- A Wisconsin property sold under an installment land contract (contract for deed). When the buyer completes all payments, the seller conveys title by delivering a:
- In a Wisconsin 'survey exception' in a title insurance policy, the insurer:
- A Wisconsin buyer purchases an owner's title insurance policy at closing. This policy protects the buyer from:
- The most common type of deed used in Wisconsin residential sales that provides the greatest warranty of title is:
- In a Wisconsin transaction, who typically pays for the owner's title insurance policy?
- In Wisconsin, real estate closings are typically conducted by:
- A Wisconsin 'insured closing letter' (also called a 'closing protection letter') from a title company protects the lender from:
- In Wisconsin, a deed is considered legally effective when it is:
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