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 general warranty deed is a deed in which the grantor warrants good and marketable title. A warranty deed contains covenants or guarantees concerning the quality of the title conveyed by the grantor. A general warranty deed contains the following covenants: 1  Seisin (the right of possession);  Quiet enjoyment;
There are 2 main types of deed: warranty and quitclaim. A warranty deed is one in which the seller, when transferring the title to you, warrants that he owns the property free and clear of all liens, says David Eagan, a lawyer with Eagan & Matthews PLLC in East Hampton, New York. A warranty deed is used in most sales of property. 1  The grantor is the rightful owner and has the right to transfer the title. 2  There are no outstanding claims on the property from lenders using it as collateral, or from other creditors.  The property can't be claimed by someone with a better claim to the title.