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monty, a career criminal, steals a diamond from prime cut jewelers. he then sells it to adamas jewelers, who is unaware of the stolen nature of the diamond. if prime cut discovers that the diamond is with adamas, and reclaims the diamond, what warranty breach can adamas declare to recover the cost from monty?

Respuesta :

The warranty breach can adamas declare to recover the cost from monty is warranty of title.

What is a warranty of title?

A seller's assurance to a buyer that they have the authority to transfer ownership and that no other party has any claims to the property is known as a warranty of title. A warranty of title may also be used to ensure that the property being transferred is free of any third-party copyright, patent, or trademark claims. A warranty deed, which is employed to legally transfer property in a sale, contains a formal warranty of title. This agreement ensures that neither the Internal Revenue Service nor an ex-spouse have a lien or other claim to the property, and that the seller has the legal authority to sell the property.

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