What is Grant deed in Real Estate?

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Accepted Answer

A form of the deed that provides the following three fundamental warranties - (1) the owner warrants that she or he has the right to convey the property, (2) the owner warrants that the property is not encumbered other than with those encumbrances listed in the deed, and (3) the owner promises to convey any after-acquired title to the property. (1) The owner warrants that she or he has the right to convey the property. (2) The owner warrants that the property is not encumbered other than with those encumbrances listed The use of grant deeds is common in jurisdictions that place a significant emphasis on title insurance.