[WSBARP] commercial deed question.
Scott Thomas
scott.glen.thomas at gmail.com
Mon Jan 30 17:27:17 PST 2017
This question arises in the context of the sale of a commercial property.
Seller (an LLC) took title some 20 years ago by warranty deed. Seller now
offers a bargain and sale deed, stating that not only is it customary in
the industry, but that it is difficult to access the additional warranties
provided by a warranty deed, i.e., difficult to find and tender a claim to
the previous owner/title insurer. My practice does not include a lot of
commercial real estate transactions, and so I beseech thee, oh wise
colleagues - is this the general rule for artificial entities that are
limited in making warranties?
Scott Thomas
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20170130/7c2cf6a5/attachment.html>
More information about the WSBARP
mailing list