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Seller Liability: Defects, Disclosures, and Warranties

Seller Liability: Defects, Disclosures, and Warranties

Learn about the seller’s liability for defects in the premises existing at the time of sale, as well as the three basic types of deeds: quitclaim deeds, general warranty deeds, and special warranty deeds.

Transcript

Welcome to Seller Liability: Defects, Disclosures and Warranties!

In this clip, we’ll start by covering the seller’s liability for defects in the premises, existing at the time of sale. Second, we’ll talk about the three basic types of deeds—quitclaim deeds, general warranty deeds, and special warranties—together with the various warranties or covenants of title that each type of deed may afford to the buyer.

I. Seller’s liability for defects in the premises

Alright, let’s discuss the seller’...

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