A deed that contains warranties that are not limited or restricted in its scope to the current seller is said to be this type of deed:

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A deed that contains warranties that are not limited or restricted in its scope to the current seller is said to be this type of deed:

A. Trustee's deed
B. Quit Claim deed
C. Special Warranty deed
D. General Warranty deed

Answer: D. General Warranty deed

Insurance

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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The voluntary relinquishment of a legal right is called
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