Which of the following is a warranty deed?

Prepare for the NCEES Fundamentals of Surveying Exam. Study with flashcards and multiple choice questions, each question comes with hints and explanations. Get ready for your test!

A warranty deed is a specific type of legal document used in real estate transactions that provides a guarantee from the seller (grantor) to the buyer (grantee) regarding the title of the property. When a warranty deed is executed, it ensures that the seller holds clear title to the property and has the right to sell it. Furthermore, the seller warrants that the property is free from any encumbrances or claims, except those explicitly stated in the deed.

In this context, a title guarantee is closely associated with a warranty deed because it provides an assurance of the ownership and the rights associated with the property. This guarantee functions to protect the buyer from issues that might arise concerning the title, such as claims or liens that could affect ownership.

Possession insurance does not pertain to property ownership or title guarantees, as it focuses on insuring the physical possession of the property rather than the legal title itself. A Torrens title system involves a method of land registration that certifies the ownership of property, but it isn't categorized specifically as a warranty deed. Finally, an agreement between owners to fix a boundary line is related to property boundaries and disputes but does not involve the concept of a warranty deed or guarantee of the title itself.

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