Warranties in the Deed
Quitclaim Deed
Contains no warranties; buyer takes whatever title seller has, if any.
General Warranty Deed
Grantor warrants against all defects in title.
Special Warranty Deed
Grantor warrants against any defects in title that evolved during his ownership, but nothing else.
Six Warranties/Covenants
Present Warranties 1. Warranty of Seisin 2. Warranty of right to convey 3. Warranty against encumbrances Future Warrants 4. Warranty of general warranty 5. Warranty of quiet enjoyment 6. Warranty of further assurances
Present Covenants
Warranty of Seisin - grantor warrants that he owns the property he purports to convey Warranty of right to convey - grantor warrants that he has the right to convey the property (generally if he is owner (seisin) this is satisfied; only fringe scenario where trustee is owner but right to convey restricted) Warranty against encumbrances - grantor warrants that there are no encumbrances on the title Present covenants are breached, if at all, at the moment of delivery. i.e., either the grantor owns the property at the time, or doesn't. Present covenants do not run with the land. But, some courts say that the right to sue on the breach of a present covenant is assigned to a subsequent grantee, so the subsequent grantee has the right to sue the remote grantor SO LONG AS THE STATUTE of LIMITATIONS has not run.
Future Covenants
Warranty of general warranty - grantor warrants that he will defend the grantee against any legal claims of superior title warranty of quiet enjoyment - grantor warrants that no one asserting superior title will disrupt the grantee's quiet enjoyment warranty of general assurances - warrants that the grantor will execute any documents necessary to perfect title The future warranties run with the land to subsequent grantees. The statute of limitations begins to run on future warranties once the superior claim is asserted.