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Covenant of warranty
Meaning
Noun
●
In Law & Real estate:
A
legal agreement
or
promise
, one of the English
covenants of title
and future
covenants
, whereby the
grantor
of a
property
assures
the
grantee
that
he or she
will not be
subject
to the
claims
of someone with a
paramount title
, thereby
guaranteeing
the
status
of the
title
that is being conveyed.
Sourced from
Wiktionary
Synonyms
Warranty
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