What type of warranties are found in a grant deed?

Study for the California Real Estate Broker Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently and effectively for your licensing exam!

In a grant deed, the type of warranties provided are considered implied warranties. This means that the grantor, the person transferring the property, is implicitly assuring the grantee, the person receiving the property, of certain rights and conditions regarding the title of the property.

Specifically, an implied warranty in a grant deed includes the assurance that the grantor holds clear title to the property and has the right to convey it without any undisclosed encumbrances. This inherent guarantee helps protect the grantee against potential faults related to title that might arise after the transfer. If any issues do come up, the grantor may be liable for breach of these implied warranties.

While express warranties are explicitly stated and can include detailed promises, grant deeds mainly rely on these implied protections as part of their typical legal framework. Therefore, when dealing with a grant deed, parties can confidently assume that certain assurances about ownership and the state of the property exist, although they are not explicitly spelled out.

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