Which of the following deed types protects the buyer from encumbrances that arose during the time the current grantor held title?
general warranty deed |
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special warranty deed |
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quitclaim deed |
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all of above provide the same level of protection |
Answer : Option - B, Special warranty deed
Explanation :
Special warranty deed protects the buyer from encumbrances that arose during the time the current grantor held title
Which of the following deed types protects the buyer from encumbrances that arose during the time...
in which one of the following types of contract between a seller and a buyer does the seller agree to sell a specified asset to the buyer today and then buy it back at a specified time in the future at an agreed future price. a) repurchase agreement . C) swap d) call e) none of the above Organized options markets are different from over- the counter options markets for all of the following reasons except a) legal contracts c)...
Chapter 5: Title Transfer Question A: Why is it important to transfer title to real estate using a written document--the deed? Answer A: Question B: What purpose does the general warranty deed serve in the transfer of title process? Answer B: Question C: What purpose does a special warranty deed serve in the transfer of title process? Answer C: Question D: Under what circumstances would someone who is in the market for a home consider using the special warranty deed?...
12. Which of the following is true of decentralization? a.It protects segments of a company from competitive pressures. b.Under decentralization, lower-level managers are responsible only for implementing decisions. c.Decentralization allows higher management to make better decisions by using local information. d.It is usually achieved by creating units called divisions. e.Decentralization allows only the CEO of a company to make all important decisions.
Which of the following cell types are produced during the primary response to a virus and provide a swift response during the second exposure to the same virus? Select one a macrophages b. memory cells OC. neutrophils od natural killer cells
Required information [The following information applies to the questions displayed below.] The following transactions occurred during the 2020 fiscal year for the City of Evergreen. For budgetary purposes, the city reports encumbrances in the Expenditures section of its budgetary comparison schedule for the General Fund but excludes expenditures chargeable to a prior year's appropriation. 1. The budget prepared for the fiscal year 2020 was as follows: Estimated Revenues: $1,943,000 372,000 397,000 62,000 Тахes Licenses and permits Intergovernmental revenue Miscellaneous revenues...
death deposits instructions lifetime public a. Living (Inter Vivos) Trust-A trust executed by a grantor during his or her . A living trust may be revocable or irrevocable. b. Testamentary Trust-A trust created by will and coming into existence on the _ of the grantor. C. Charitable Trust-A trust designed for the benefit of a segment of the or the public in general. d. Spendthrift Trust-A trust created to provide for the maintenance of a beneficiary by allowing her or...
[The following information applies to the questions displayed below.] The following transactions occurred during the 2020 fiscal year for the City of Evergreen. For budgetary purposes, the city reports encumbrances in the Expenditures section of its budgetary comparison schedule for the General Fund but excludes expenditures chargeable to a prior year’s appropriation. The budget prepared for the fiscal year 2020 was as follows: Estimated Revenues: Taxes $ 1,943,000 Licenses and permits 372,000 Intergovernmental revenue 397,000 Miscellaneous revenues 62,000 Total estimated...
The following transactions occurred during the 2020 fiscal year for the City of Evergreen. For budgetary purposes, the city reports encumbrances in the Expenditures section of its budgetary comparison schedule for the General Fund but excludes expenditures chargeable to a prior year’s appropriation. The budget prepared for the fiscal year 2020 was as follows: Estimated Revenues: Taxes $ 1,943,000 Licenses and permits 372,000 Intergovernmental revenue 397,000 Miscellaneous revenues 62,000 Total estimated revenues 2,774,000 Appropriations: General government 471,000 Public safety 886,000...
Which of the following is an INCORRECT statement regarding the? testator's signature requirement for making a valid? will? A. Wills need not be signed. B. Courts have held that an? "X" can constitute a valid signature on a will if it can be proven that the testator intended it to be his or her signature. C. Courts have held that the? testator's nickname can constitute a valid signature on a will if it can be proven that the testator intended...
All of the following funds have a financial resources measurement focus with the exception of which fund? a. debt service fund b. enterprise fund c. special revenue fund d. capital projects fund All of the following are elements of the statement of financial condition for 12. state and local governments with the exception of a. Assets and Liabilities b. Deferred inflow and outflow of resources c. Net position d. Inflow and outflow of resources Which of the following items should...