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A warranty deed can include six traditional forms of covenants for title, [1] sometimes known as the English covenants of title. [2] Those six traditional forms of covenants can be broken down into two categories: present covenants and future covenants. Present covenants. Covenant of seisin: "A covenant of seisin or good right to convey." [1] [3]
This is a deed "for which the grantor implies to have or have had an interest in the property but offers no warranties of title to the grantee." [2] Under common law, this type of deed technically created a use in the buyer who then gets the title. [3] Under the statute of uses, modern real property law disregards this subtle distinction.
Oregon Administrative Rules Compilation (OAR) is the official compilation of rules and regulations, having the force of law in the U.S. state of Oregon.It is the regulatory and administrative corollary to Oregon Revised Statutes, and is published pursuant to ORS 183.360(3). [1]
The codes which preceded the ORS are Deady's General Laws of Oregon (1845–1864), Deady and Lane's General Laws of Oregon (1843–1872), Hill's Annotated Laws of Oregon (1887), Hill's Annotated Laws of Oregon (2d ed. 1892), Bellinger and Cotton's Annotated Codes and Statutes of Oregon (1902), Lord's Oregon Laws (1910), Oregon Laws (Olson’s ...
Under PGE, Oregon courts had to first look to the text of the statute, including relevant context such as similar statutes and other provisions within the same statute. If the text and context made the intent of the legislature clear with respect to the statutory provision, the inquiry ended.
The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law (15 U.S.C. § 2301 et seq.). Enacted in 1975, the federal statute governs warranties on consumer products. The law does not require any product to have a warranty (it may be sold "as is"), but if it does have a warranty, the warranty must comply with this law.
Usage varies by state, and in Massachusetts quitclaim deeds include statutory warranties (similar to “special warranty deeds” in other states) and are the norm rather than the exception. [12] Execution of a quitclaim deed is relatively simple, and may require little more than the signature of the parties.
In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [1] In property law, it refers to a covenant by the grantor of a deed. [2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured. [3]
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