medium · National Real Estate Exam transfer-title

A 'Special Warranty Deed' differs from a 'General Warranty Deed' in that the grantor only warrants:

  1. Marketable title exists only for a fixed 99-year statutory period.
  2. Whatever interest the grantor currently holds, with no specific warranties given at all.
  3. The physical soundness of improvements, not the underlying condition of title itself.
  4. That the title is free from defects that arose during the grantor's period of ownership.

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