Sacramento artist S.C. Heet has transferred a portion of her property, via a grant deed, to Cameron Dulle. However, this deed did not set forth in writing the two primary warranties Cameron should have on the property: first, that S. C. has not already transferred the title to another person; and, second, that the estate is free of any encumbrances, other than what has been disclosed to the grantor. Which of the following is true of this situation?A) Cameron must file a quiet the title law suit in order to alter the transfer to include these warranties.B) Cameron must accept the situation as is, unless he can convince S.C. to alter the transfer willingly.C) Because this transfer has occurred with a grant deed, the two necessary warranties, as explained, are implied in the deed. However, under the Statute of Limitations, contracts must be in writing to be enforceable; so Cameron’s coverage in this situation will not stand up in court.D) Under a grant deed, the two warranties — that S. C. has not already transferred the title to another person, and that the estate is free of any encumbrances, other than which has been disclosed — are implied within the grant. These implied warranties do not need to be stated in the deed, but are still present.

Question

23-03-2020
Social Studies

contestada

Sacramento artist S.C. Heet has transferred a portion of her property, via a grant deed, to Cameron Dulle. However, this deed did not set forth in writing the two primary warranties Cameron should have on the property: first, that S. C. has not already transferred the title to another person; and, second, that the estate is free of any encumbrances, other than what has been disclosed to the grantor. Which of the following is true of this situation?A) Cameron must file a quiet the title law suit in order to alter the transfer to include these warranties.B) Cameron must accept the situation as is, unless he can convince S.C. to alter the transfer willingly.C) Because this transfer has occurred with a grant deed, the two necessary warranties, as explained, are implied in the deed. However, under the Statute of Limitations, contracts must be in writing to be enforceable; so Cameron’s coverage in this situation will not stand up in court.D) Under a grant deed, the two warranties — that S. C. has not already transferred the title to another person, and that the estate is free of any encumbrances, other than which has been disclosed — are implied within the grant. These implied warranties do not need to be stated in the deed, but are still present.

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adefunkeadewole adefunkeadewole · Answer 1 · 2020-03-24T04:42:12+01:00

Answer:

D) Under a grant deed, the two warranties — that S. C. has not already transferred the title to another person, and that the estate is free of any encumbrances, other than which has been disclosed — are implied within the grant. These implied warranties do not need to be stated in the deed, but are still present

Explanation:

A grant deed is a document that legally transfers the ownership of a property from the seller of the property to the buyer.

A grant deed gives two warranties to a buyer of the property and there are:

a. The property has not been sold to anybody else

b. There are no limitations present on the property that the buyer is not aware of already.

These warranties present in a grant deed do not need to be stated but they are present in the grant deed anyways.

A grant deed must contain the following:

a. The name of the person transferring the property also known as the grantor.

b. The name of the person the property is being transferred to also known as the grantee.

c. The accurate description of the property been transferred.

Reassessment of property tax on a property that has a grant deed is not necessary at all.

A public official who has been commission also known as a notary is always present at the signing of a grant deed.