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


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.


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
#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… more
Real Estate Practice : Lesson 2392
#2392 If te government decides to transfer the title of property to a private party this is carried out by means of an instrument commonly known as a quitclaim deed. Is this true or false Take your time. The solution is posted… more
Real Estate Practice : Lesson 2391
#2391 When real estate is transferred from one party to another the process is commonly referred to as the avulsion of quitclaim. Is this statement true or false Please take your time. The solution is posted below the wildlife… more
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