A warranty deed is a transfer of title where the seller pledges to the buyer that the property is owned free and clear of all liens.
View Sample Of Warranty Deed
Pics. A warranty deed states that any owner can legally transfer a property and no one or no entity has lien or any claim on it. 7 what are the types of warranty deeds?
Warranty Deed Liberal Dictionary from www.liberaldictionary.com
It is not specific to the laws of your state. 7 what are the types of warranty deeds? A general warranty deed is a legal document used to transfer ownership of real property.
Among the major types of property deeds, this.
What is a warranty deed?a warranty deed is used to transfer ownership in a piece of property while guaranteeing that the current owner (grantor) legally holds the property with free and clear title and without defects or encumbrances. The general warranty deed, or 'statutory warranty deed', is a document that transfers the ownership of real estate with a guarantee in the title, that is vested in fee simple, to the ownership of the property along with all past owners. When a conveyance of land takes place the new owner is listed as the last. A warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer),in contrast to a quitclaim deed, where the seller does not guarantee that he or she holds title to a piece of real estate.
