general warranty deed


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general warranty deed

An instrument transferring ownership of real property, and which warrants—promises—that the seller has good title with no adverse claimants and that the seller will defend the title against other parties should that prove necessary. Contrast with special warranty deed, which simply promises that the seller has not done anything to cause a problem with the title. Contrast also with quitclaim deed, which makes no promises at all, but simply transfers any interest the seller might have, if anything.

References in periodicals archive ?
A general warranty deed is typically for the benefit of both parties to the transaction.
They review their general warranty deed and sale contract, confident their grantor had warranted against such a situation.
20) However, the law currently holds an unsuspecting buyer potentially liable even if a general warranty deed was obtained and exhaustive investigative measures were taken.