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Deeds and Covenants

QuestionAnswer
Quitclaim No covenants. Grantor not liable for any problems post-closing
General Warranty Present Covenants: Seisen; Right to Convey; Against Encumbrances. Future Covenants: Quiet Enjoyment; Warranty (defense); Further Assurances (housekeeping).
Statutory Special Warranty Deed Grantor hasn't conveyed land to anyone else & Land is free from encumberances made by grantor
Land Contract Lawfully Executed & Delivered. Lawfully Executed = in writing, signed by D, identifying the property, and stating consideration. Delivery = physical or legal.
Deed In writing
Bona Fide Purchaser For Value & without actual, inquiry, or record notice.
Notice Recording Statute Last in time B.F.P. wins, regardless of who records first
Created by: lupton10