Ads
related to: general warranty deed real estate definitioneforms.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
e. A warranty deed is a type of deed where the grantor (seller) guarantees that they hold 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 they hold title to a piece of real estate. A general warranty deed protects the grantee ...
Under the statute of uses, modern real property law disregards this subtle distinction. [citation needed] A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and referees. [citation needed] The fact that it comes without any warranties from the government means ...
Often, however, the basic differences between them is the degree to which the grantor warrants the title. The grantor may give a general warranty of title against any claims, or the warranty may be limited to only claims which occurred after the grantor obtained the real estate. The latter type of deed is usually known as a special warranty deed.
Continue reading → The post What to Know About Special Warranty Deeds appeared first on SmartAsset Blog. When buying property or certain other assets, you may be given a deed as part of the ...
Continue reading → The post Warranty Deed vs. Deed of Trust appeared first on SmartAsset Blog. When purchasing a home, there are a number of very important legal documents involved. Two such ...
Grant deed. A grant deed is used in some states and jurisdictions for the sale or other transfer of real property from one person or entity to another person or entity. Each party transferring an interest in the property, or "grantor", is required to sign it. The signatures must be acknowledged before a notary public ( notarized) or other ...
Ads
related to: general warranty deed real estate definitioneforms.com has been visited by 10K+ users in the past month