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;
Warranty deeds are the best, highest buyer protection ownership transfer documents that exist. However, there are some dramatic differences between a general and special warranty deed. In an arm's length purchase and sale of residential property with a mortgage loan, a general warranty deed is usually the only accepted option. Residential buyers should understand the differences and mandate receiving a general warranty deed when buying a home. Special warranty deeds are sometimes acceptable in commercial real estate transactions.