Illinois Real Estate Practice Exam

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Prepare for the Illinois Real Estate Test. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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What type of deed guarantees that the property was free of encumbrances during the grantor's ownership, except for those mentioned in the deed?

General Warranty Deed
Special Warranty Deed
Quitclaim Deed
Executor's Deed

The correct answer is: Special Warranty Deed

The correct choice is the special warranty deed. This type of deed provides a limited guarantee regarding the title. It specifically assures that the property was free from encumbrances during the time the grantor owned it, except for any encumbrances specifically mentioned in the deed. This means that if there were any issues with the title that arose before the grantor's ownership, the grantor is not liable for those. In contrast, a general warranty deed offers broader protection as it guarantees that the grantor holds clear title to the property and protects the grantee from any title defects occurring both during the grantor's ownership and prior to it. A quitclaim deed, on the other hand, transfers whatever interest the grantor may have in the property without any warranty or guarantee of clear title. Lastly, an executor’s deed is used by an executor of an estate to transfer property owned by the deceased and may or may not include warranties, depending on the specific circumstances of the estate.