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Kyle P.Real Estate Investor Chicago, Illinois |
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Anyone know the differences between covenant deeds & warranty deeds? |
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Lee C.Real Estate Consultant San Antonio, Texas |
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http://en.wikipedia.org/w/index.php?title=Special%3ASearch&search=covenant+deed&ns0=1&fulltext=Search A real covenant is a legal obligation imposed in a deed by the seller upon the buyer of real estate to do or not to do something. ... A general warranty deed is a type of deed where the grantor (seller) guarantees ... Those six traditional forms of covenants can be broken ... http://encarta.msn.com/dictionary_561503550/deed_of_covenant.html
Warranty, in U.S. law of contracts, an undertaking expressed or implied, given by one contracting party to another, that a fact alleged with respect...
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