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What Is A "General" Warranty Deed?
Question: What is a "general" warranty deed?
Answer: A "general" warranty deed is a promise by a seller that he or she owns the property being sold, that the title is good, marketable, and insurable, and that there are no liens on the property except as agreed. Deed definitions may vary by location, so see an attorney or legal clinic for specific advice.
Written by Peter G. Miller.
© 1997 Peter G. Miller. All Rights Reserved. Rules, Disclaimers & Notices.
Copyright © 2012 Realty Times. All Rights Reserved.
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