a seller transfers title to a buyer with a general warranty deed. in which clause of the deed does the seller define the quality

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kipiarov [429]

2 years ago

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a seller transfers title to a buyer with a general warranty deed. in which clause of the deed does the seller define the quality

of ownership interest conveyed to the buyer?

Business

1 answer:

Elis [28] · Answer 1 · 2023-12-09T08:22:18+03:00

A seller transfers title to a buyer with a general warranty deed. The seller defines the quality of ownership interest conveyed to the buyer in the habendum.

Habendum is an important concept in real estate and property transactions. It may also be used in other transactions related to leases and deeds, for example in the energy sector.

A habendum clause is part of a contract that is concerned with the rights, interests, and other features of ownership that is transferred to the other party. In cases of transfer of rights, for example in relation to a coal mine, it sets out the nature of the right and its duration.

To learn more about property transactions: brainly.com/question/28171058

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