What does the covenant of seisin guarantee?

The covenant of seisin is a legal assurance provided by a seller in a real estate transaction, guaranteeing that they have legitimate ownership of the property being sold. This means that the seller holds the title to the property and has the authority to transfer it to the buyer. This covenant protects the buyer by ensuring that they are receiving a property from a seller who has full legal rights to sell it, reducing the risk of future disputes regarding ownership.

In contrast, while options such as receiving property with no liens or guarantees about inspections may be important aspects of a real estate transaction, they do not specifically relate to the covenant of seisin. The right to sell the property at any time is not encompassed within this covenant either, as it pertains to ownership rather than the seller's ability to sell. Thus, the guaranteed ownership provided by the covenant of seisin is crucial in establishing clear title and ensuring a smooth transfer of property rights.