Wilfredo and Patricia are neighbors. Wilfredos lot is extremely large, and his present and future use of

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Wilfredo and Patricia are neighbors. Wilfredo’s lot is extremely large, and his present and future use of it will not involve the entire area. Patricia wants to build a single-car garage and driveway along the present lot boundary. Because ordinances require buildings to be set back fifteen feet from an owner’s property line, however, the placement of Patricia’s existing structures prevents her from building the garage. Patricia contracts to purchase ten feet of Wilfredo’s property along their boundary line for $3,000.Wilfredo is willing to sell but will give Patricia only a quitclaim deed, whereas Patricia wants a warranty deed. Discuss the differences between these deeds as they would affect the rights of the parties if the title to this ten feet of land later proves to be defective.

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Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

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