covenant of warranty

covenant of warranty
The principal title covenant, being an agreement by the grantor or warrantor that upon the failure of the title which the deed purports to convey, either for the whole estate or part only, he will make compensation in money for the loss sustained. It is an assurance or guaranty of title, or an agreement or assurance by the grantor of an estate that the grantee and his heirs and assigns shall enjoy it without interruption by virtue of a paramount title, and that they shall not, by force of a paramount title, be evicted from the land or deprived of its possession. 20 Am J2d Cov § 50.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • covenant of warranty — covenant of warranty: warranty (1) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • covenant of warranty — Law. warranty (def. 2b). * * * …   Universalium

  • covenant of warranty — Law. warranty (def. 2b) …   Useful english dictionary

  • covenant of warranty — An assurance by the grantor of an estate that the grantee shall enjoy the same without interruption by virtue of paramount title …   Black's law dictionary

  • covenant of warranty — An assurance by the grantor of an estate that the grantee shall enjoy the same without interruption by virtue of paramount title …   Black's law dictionary

  • covenant — cov·e·nant / kə və nənt/ n 1: an official agreement or compact an international covenant on human rights 2 a: a contract in its entirety or a promise within a contract for the performance or nonperformance of a particular act a covenant not to… …   Law dictionary

  • warranty — war·ran·ty / wȯr ən tē, wär / n pl ties [modification (influenced by warrant ) of Anglo French garantie, from garantir to protect, warrant] 1: a promise in a deed that gives the grantee of an estate recourse (as through an action for damages)… …   Law dictionary

  • Warranty — War rant*y, n.; pl. {Warranties}. [OF. warantie, F. garantie. See {Warrant}, n., and cf. {Guaranty}.] [1913 Webster] 1. (Anc. Law) A covenant real, whereby the grantor of an estate of freehold and his heirs were bound to warrant and defend the… …   The Collaborative International Dictionary of English

  • warranty — [wôr′ən tē, wär′ən tē] n. pl. warranties [ME warantie < NormFr (OFr garantie): see WARRANT] 1. official authorization or sanction 2. justification; reasonable grounds, as for an opinion or action 3. Law a guarantee; specif., a) a guarantee or… …   English World dictionary

  • warranty deed — n. Law a deed to real estate containing a covenant of warranty: see WARRANTY (sense 3c) …   English World dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”