Oklahoma Real Estate Sales Associate Exam — All Questions
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Which type of deed offers the grantee the greatest protection by warranting clear title against defects arising at any time in the property's history?
- a.Quitclaim deed
- b.Special warranty deed
- c.General warranty deed✓
- d.Bargain and sale deed
A general warranty deed provides the greatest protection because the grantor warrants title against all defects, including those arising before the grantor owned the property. A special warranty deed covers only defects arising during the grantor's ownership. A quitclaim deed carries no warranties and conveys only whatever interest the grantor may have. A bargain and sale deed implies ownership but offers limited or no express warranties.
For a deed to transfer title, it must be delivered to and accepted by the grantee. Recording the deed in the public records primarily serves to:
- a.Make the deed valid between the grantor and grantee
- b.Give constructive notice to the world of the grantee's ownership✓
- c.Transfer title even without delivery
- d.Satisfy the requirement of consideration
Recording gives constructive (public) notice of the grantee's interest and establishes lien and title priority against later claimants. A deed is valid between the parties upon proper execution, delivery, and acceptance even if never recorded, so recording is not needed for validity between grantor and grantee. Recording cannot substitute for delivery, and it has nothing to do with consideration.