Larry sells David some property. The deed from Larry to David contains the following covenants: seisin, quiet enjoyment, against encumbrances and further assurances. Following the transfer, David discovers utility poles on the property, which lead to a nearby transformer. Larry failed to list the utility poles in the deed. Larry's failure to identify these encumbrances violates:
a. the covenant of quiet enjoyment
b. the covenant against encumbrances
c. the covenant against grantor's acts
d. none of the above
Answer: d. none of the above
Business
You might also like to view...
Which of the following documents represents title to goods in an export transaction?
A) bill of lading B) invoice C) packing list D) certificate of origin E) insurance certificates
Business
When team members establish rapport, share information openly and honestly, and feel valued, the team experiences
A) a collaborative climate B) clear goals C) a commitment to excellence D) outside recognition
Business