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What is a covenant of warranty?

What is a covenant of warranty? Here are some definitions.

Noun
  1. (countable, law, real estate) A legal agreement or promise, one of the English covenants of title and future covenants, whereby the grantor of a property assures the grantee that he or she will not be subject to the claims of someone with a paramount title, thereby guaranteeing the status of the title that is being conveyed.
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