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Simple English definitions for legal terms
full-covenant-and-warranty deed
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A quick definition of full-covenant-and-warranty deed:
A full-covenant-and-warranty deed is a written document that shows the transfer of ownership of land from one person to another. It guarantees that the seller has the legal right to sell the property and promises to protect the buyer from any future legal claims against the property. This type of deed is considered the strongest form of protection for the buyer.A more thorough explanation:
A full-covenant-and-warranty deed is a type of deed used to transfer ownership of real property from one person to another. It provides the highest level of protection for the buyer because the seller guarantees that they have clear title to the property and will defend the buyer against any claims made by others.
For example, if John sells his house to Jane using a full-covenant-and-warranty deed, John is guaranteeing that he has the legal right to sell the property and that there are no liens or other claims against it. If someone later comes forward with a claim to the property, John is responsible for defending Jane's ownership.
This type of deed is also known as a warranty deed and is commonly used in real estate transactions.