If not a General Warranty Deed, then what?
The seller’s deed conveys title (ownership) of the property to the buyer.
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The seller’s deed conveys title (ownership) of the property to the buyer.
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A General Warranty Deed (GWD) obligates the seller to stand behind six types of covenants, or warranties, about his ownership and title that go back to the origins of the property. The GWD’s six covenants are:
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“Due diligence” is the process of careful investigation that buyers use to identify the values, issues and problems embedded in whatever they’re buying.
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