Flash point is a little understood characteristic of solvents. We throw the term around because we know that local fire. marshals are interested in the flash point of the solvents we use, but understanding what flash point means can make a big. difference in how we look at the safety of our solvents.
Because of the different functions of warranty deeds versus trustee deeds, there's a difference in who executes each one. Warranty deeds are a transaction between a grantor and a grantee, in most cases a buyer and seller. Trustee deeds can be executed only by the trustee of the trust that holds the real estate being conveyed.
Ownership of a property is transferred from the seller to the buyer with certain guarantees against future problems or claims, which protect the buyer against fraud. The difference between a Warranty Deed and Special Warranty Deed is the extent of the coverage of the warranty. Both types of Warranty Deeds (Special and General) guarantee the buyer: That the seller owns the title. That the seller is legally allowed to sell the property.