Talk:Warranty deed

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How about including an explanation between present and future covenants? You can correct me if wrong, but this is how I understand it:
present covenants: statute of limitations begins ticking the moment title is transferred. If too much time elapses and a new owner doesn't recognize violation (and act on it) the original owner will no longer be responsible for correcting the title problem.
future covenants: statute of limitations begins ticking the moment the problem is discovered.

Does this sound right?

Byutennismenace (talk) 20:53, 1 May 2008 (UTC)byuTM