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.
Special Warranty Deed Law and Legal Definition. A special warranty deed is one in which the grantor covenants to defend or limit the title against the claims and demands of the grantor and anyone claiming through or under the grantor. However, a grantor does not warrant against the defects of title arising from conditions that pre-existed his/her ownership of the property.