Limited Warranty Deed

• Special circumstances-seller only warrants title as to period that he held title-not responsible for matters previous to seller's acquisition.
  
• Often used on commercial transactions where seller and buyer agree to rely on title insurance for protection but require seller to account, if necessary, for matters occurring during seller's ownership.
  
• Also may be used where seller is not in a position to make warranties as to entire history of title. Perhaps title taken by foreclosure, in settlement of a debt, etc.
  
• Otherwise, same as General Warranty Deed