Which document provides the greatest protection for the grantee?

Study for the Arizona Real Estate Exam. Boost your knowledge with flashcards and multiple choice questions with explanations. Be exam-ready with our comprehensive review!

A general warranty deed provides the greatest protection for the grantee because it includes broad covenants and guarantees regarding the title. When a grantee receives a general warranty deed, they are assured that the grantor has clear ownership of the property and the legal right to transfer it. The grantor warrants that the property is free from any undisclosed encumbrances and that they will defend the title against any claims that may arise, even those predating their ownership.

This type of deed not only covers the period of the grantor's ownership but extends to cover all previous owners, providing a full assurance of title. This level of protection is in contrast to the other types of deeds, which offer limited or no guarantees about the title. For instance, a special warranty deed only guarantees the title against issues that arose during the grantor's ownership, while a quitclaim deed provides no guarantees at all, merely transferring whatever interest the grantor may have in the property without warranties. The bargain and sale deed also typically offers less protection than a general warranty deed, as it implies that the grantor has the title but does not guarantee that the title is free from claims or defects.

Overall, the general warranty deed is the most advantageous for the grantee

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy