Examlex
Which of the following is true about the majority of less-developed countries (LDCs) ?
Specific Warranty Deed
A legal document that transfers real estate ownership, guaranteeing the property is free from claims and liens only during the grantor's ownership.
General Warranty Deed
A legal document transferring property ownership that guarantees the seller holds clear title and assumes responsibility for any title defects.
Restrictive Covenants
Legal agreements tied to a property that restrict the actions property owners can take, often used in employment contracts and real estate.
Neighborhood Conformity
The phenomenon where properties within a certain area tend to show uniformity in terms of appearance, value, and use due to similar societal or zoning pressures.
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