Question: Select the statement that correctly exemplifies the covenant term. Unset starred question The covenant against encumbrances is the grantor's guarantee that he or she owns
Select the statement that correctly exemplifies the covenant term. Unset starred question The covenant against encumbrances is the grantor's guarantee that he or she owns the property being conveyed. The covenant for further assurances assures the grantee that there are no undisclosed encumbrances on the property. The covenant of quiet enjoyment promises that the grantee won't be disturbed by a title defect the grantor passes on. The covenant of warranty promises that the grantor has the capacity to convey title
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
