Considered a "Questionable Conveyance of Title" by Most Courts, Which

question 20

Multiple Choice

Considered a "questionable conveyance of title" by most courts, which of the following types of deeds is worded to imply no claim of title, but rather only convey what interest the grantor actually has? (Hint: This type of deed may be used by a developer to convey certain lands of a subdivision to the local government through dedication.)

• A) General warranty deed
• B) Special warranty deed
• C) Deed of bargain and sale
• D) Quitclaim deed

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Definitions:

Coupon

Yearly interest rate provided by a bond, shown as a percentage of its face value.

Market Price

The sale or purchase price of a service or asset in the current market.

After-tax Cost

The expense of an action or item after accounting for the impact of taxation.

Coupon

A financial term referring to the annual interest payment received by a bondholder from the bond's issuer until it matures.