Question
the asset of the bank is concerned with risk reduction. the bank will be selling of some foreclosure property and only wants to guarantee that
the asset of the bank is concerned with risk reduction. the bank will be selling of some foreclosure property and only wants to guarantee that the bank has NOT encumbered title during the time they held it. They do NOT wish to risk liability for liens or any other encumbrance witch may have occorrued to the property prior to the foreclosure. How should the bank manager proceed? A- a trustee's deed would accomplish this as it assures the grantee they should be able to trust the grantor B- A bargain and sale deed must be uses, as it has no express warranty whatsoever, only that the grantor has the right to sell C- unfortunately, there is no way to accomplish what the asset manager wishes so a general warranty deed will be required D- They should consider a special warranty deed, as that only promises they not encumbered it and the right to sell
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