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Which of the following statements is true?
Special Warranty Deed
A type of deed in which the seller guarantees the title only against defects arising during their ownership and not against defects existing before that time.
Warrants
Warrants are financial instruments issued by companies that give the holder the right to purchase company stock at a specific price before a certain date.
Title Defects
Issues with a property's title that could limit the owner’s ability to possess, use, or transfer the property, such as liens or encroachments.
Encumbrances
Claims, liens, charges, or restrictions on property that may affect its value, use, or transferability.
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