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06-30-2008, 05:48 PM #1
Renter
- Join Date
- Sep 2007
- Posts
- 10
Deeds
Here is my question. I just got a listing on some land and the client said they do not guarantee anything just to be sold as is. But I have a warrenty deed to the property from when my client bought it. Why would she not guarantee anything when there is a warrenty deed on the property?
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06-30-2008, 06:03 PM #2
Condominium
- Join Date
- Aug 2007
- Location
- Kentucky - in a barn!
- Posts
- 279
I'm not an attorney, seek competent legal counsel, the following is just my opinion, blah, blah, blah.
Having the ability to pass a CLEAR title is what is generally considered to be a "warranty" deed (or general warranty deed). It has nothing to do with what happens if the dishwasher stops working or if the roof starts leaking.
If you go here, it clears it up:
http://en.wikipedia.org/wiki/Warranty_deed
Hope that helps.
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