David Saks: October 2013

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 2393

                                  #2393

When a warranty deed is given to the purchaser of a parcel of real estate the warranty deed specifically warrants that the price paid for the property was within 5% of the actual market value of the property.

Is this true or false ?

Take your time on this real tough question :-) The solution, as usual, is posted below the royalty free wildlife photograph.

wildlife

A. False

A warranty deed warrants that the grantor has the right to convey the deed and also owns the property.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • October 14 2013 05:09AM
Real Estate Practice : Lesson 2393
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