What is the significance of the phase "conveys and warrants" in deeds?

Prepare for the Missouri Title Insurance Producer Test with flashcards and multiple choice questions. Evaluate your readiness with hints and explanations provided for each question.

The phrase "conveys and warrants" in deeds signifies that the grantor is not only transferring ownership of the property but also providing certain guarantees regarding the title. When a deed includes this phrase, it means that the grantor is affirming that they hold good title to the property and that there are no undisclosed encumbrances or legal claims against it. This legal assurance gives the buyer confidence in the quality of the title they are receiving.

The use of "warrants" implies that if any issues regarding the title arise after the transfer, the grantor is liable for those issues—essentially providing a safeguard for the grantee. This amounts to implied warranties, which reinforce the security and legitimacy of the property transaction.

In purchase agreements and property transfers, this phrase is critical as it underscores the seller's responsibility for ensuring that the title is clear and marketable. By including this warranty, it enhances the protection for the buyer, making it a fundamental aspect of real estate transactions.

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