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.
A warranty deed is a document that transfers the title to a property from the seller to the buyer. It protects the buyer from the chance that someone will come along and lay claim to the property by saying the seller had no right to sell it. A statutory warrant deed is an abbreviated version of a warranty deed written in accordance with state law.