RE 310 – Principles of Real Estate
Homework Assignment #2 – Title and the Closing Process
Dr. Stanley D. Longhofer
Read the assigned materials and briefly answer the following questions.
1) Does having a signed deed guarantee that you own a parcel of real estate? Explain.
2) Explain briefly the differences between a general warranty deed, a special warranty
deed, a bargain and sale deed, and a quitclaim deed.
3) What is marketable title?
4) Explain briefly the difference between constructive notice and actual notice.
5) What is title insurance, and what protection does it provide you as a purchaser of real
estate?
