What does the Covenant of Seizin promise?

The Covenant of Seizin is a key provision found in deeds that assures the grantee (the buyer) that the grantor (the seller) has the legal right to convey the property and that the seller possesses a good and clear title to it. This means that the seller does indeed own the property they are selling and has the authority to sell it.

This covenant is significant in real estate transactions because it provides important legal protection to the buyer, ensuring they are purchasing a property that the seller fully owns and can lawfully transfer. If it were later discovered that the seller did not have the right to convey the title, the buyer would have grounds to take legal action.

As for the other options, they address different aspects of property ownership or responsibilities but do not specifically relate to the Covenant of Seizin. The notion that a property is free from all liens is covered under the Covenant Against Encumbrances, which assures that the property is free of unknown claims or liens against it. The maintenance of the property's condition pertains more to implied duties and is often related to leasing rather than the covenants in the deed itself. Finally, the seller's bankruptcy status is not directly connected to the Covenant of Seizin, as the covenant focuses solely on the title