1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VikaD [51]
3 years ago
7

A person wishes to convey any and all interests in a property to another without making any assurances as to encumbrances, liens

, or any other title defects on the property. This party would most likely use which of the following types of deed?
Business
1 answer:
morpeh [17]3 years ago
8 0

Answer:

c) A Special Warranty Deed

Explanation:

First, the multiple options for the question

a)A quitclaim deed

b) A sheriff's deed

c) A special warranty deed

d) A partition deed

Warranty deeds are documents used mostly in the sales of real estate properties either commercial or residential. It is most useful when the transfer or sale of property is done between parties that are not familiar with one another. The two types of warranty deeds are General Warranty Deed  and the Special Warranty Deed. The coverage guaranteed is the difference between the two types of warranty deeds.

In using a  special warranty deed, the seller who is also the grantor of the warrant, only guarantees against issues, damages and defects that occur during the grantor's physical ownership of the property. This type of warrant does not make assurances or guarantees for defects in title on the proprty and defects that occured before ownership of the property. It is also called grant deed or covenant deed.

General Warranty on the other hand covers all issues, damages and defects on the sold property.

Since, the person only wishes to convey all interests without warrants on liens, encumrances and any other title defect, the deed is the Special Warranty Deed

You might be interested in
how can electricity, communication, and transportation facilities indicate the potential for industrial growth?​
pashok25 [27]

Answer:

The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.

Explanation:

6 0
3 years ago
your license will be suspended for 30 days if you accumulate how many points within a 12 month period
uysha [10]
Hey there!

In the case of Florida (it might be different depending on the state that you live in, so please look this up on your own!), if you get 12 points within 12 months, your license will get suspended for 30 days. The most common reasons for receiving points include speeding (3 to 6 points, depending on severity), child safety restraint violations (3 points), reckless driving (4 points), and littering (3 points). 

Hope this helped you out! :-)
5 0
3 years ago
What is the best way for an accountant to begin networking?
lidiya [134]

Answer: the answer is b

Explanation: A P E X

7 0
3 years ago
EB5.
lord [1]

Answer:

                                    $

Material used            2,500                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

Direct labour             5,000

Overhead applied    200

Cost of goods sold   7,700                                                                                    

Explanation:

The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200       represents the overhead applied.                                                                                                                                                                                                                                                

7 0
4 years ago
It's important for business owners to develop values and a philosophy of doing business. These viewpoints will be expressed in y
sasho [114]
The answer is mission statement which is letter a. It defines the company's business, its objectives and its approach to reach those goals in the future which is written in the vision statement. Elements of Mission and Vision Statements are often put together to provide a statement of the company's purposes, goals and values.
8 0
3 years ago
Read 2 more answers
Other questions:
  • The importance of having a positive attitude is overemphasized. Competence is the most important factor in determining work succ
    8·1 answer
  • Calculate the values for each of the questions. Assume that in each country there are no taxes, international trade, or inflatio
    7·1 answer
  • The C.O.R.E Continuum identifies relationships that affect organizations’:
    10·1 answer
  • The economy is initially at the natural rate of​ unemployment, which is​ 5%, when the authorities decide to bring the unemployme
    6·1 answer
  • There are dozens of pasta producers that sell pasta to hundreds of Italian restaurants nationwide. The restaurant owners buy fro
    5·1 answer
  • What events could shift the demand curve for corn to the left?
    10·1 answer
  • Antelope Motors is considering which inventory costing method it should use. The business wants to maximize gross profits during
    5·1 answer
  • Be my friend and u get brainly and 100 points
    8·2 answers
  • An amendment to the texas constitution requires a balanced budget. This means that _____.
    15·1 answer
  • middle managers at apics dental have little decision-making authority for their departments. almost every decision they make on
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!