The Covenant of Title Made by a Grantor in a Deed

question 10

Multiple Choice

The covenant of title made by a grantor in a deed is also known as the covenant of:

• A) seisen.
• B) quiet enjoyment.
• C) no encumbrances.
• D) undisturbed possession.

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Definitions:

Percentage Increase

A metric used to calculate the rise in value or quantity of an item over a period, expressed as a fraction of its initial value.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date, encompassing both interest payments and the gain or loss if the bond was purchased at a discount or premium.

Zero Coupon Bond

A bond issued at a discount and repaid at face value at maturity without periodic interest payments.

Percentage Increase

A measure of the degree to which a quantity grows over a period of time, calculated as the change in value divided by the original value and expressed as a percentage.