Which of the following best describes the warranty of title in connection with a leasing transaction?
A) Because ownership does not transfer,there is no warranty of title nor is there any similar warranty.
B) For lessees,the warranty of no infringements takes the place of the warranty of title.
C) For lessees,the warranty of title is replaced by a warranty against interference.
D) In a leasing transaction,the ownership status of the leased property is not of concern to the lessee,thus there is no warranty of title.
Correct Answer:
Verified
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