The Final Inspection Walk Through with Your Builder. Before you go to settlement on a new home, you and your builder will âwalk throughâ the house to conduct a final inspection. The walk-through provides an opportunity for you to learn how your new home works and to spot items that need to be corrected or adjusted. The operation of the houseâs components.
A special warranty deed, on the other hand, limits the seller's promise -- or warranty -- to title problems that come up while the seller owned the property, but gives no warranty for propblems prior to that point. For example, builders often give special warranty deeds.
In commercial transactions, it is standard practice and custom for title to be transferred by Special Warranty Deed. In fact, it is common to see a Special Warranty Deed, and rare to see a Quitclaim or Warranty Deed in a commercial transaction or a transfer by a corporation or limited liability company. Most often, the title insurer or lender will require/permit a Special Warranty Deed.