Get the free STATUTORY WARRANTY DEED - ortccom

AFTER RECORDING MAIL TO: Name Address City, State, Zip Filed for Record at Request of: STATUTORY WARRANTY DEED THE GRANTER(S) for and in consideration of in hand paid, conveys, and warrants to the

How to fill out statutory warranty deed

How to fill out a statutory warranty deed:

1. Start by obtaining a blank copy of the statutory warranty deed form. You can usually find this form at your local county recorder's office or online through government websites.
2. Begin filling out the deed by entering the full legal description of the property. This includes the address, lot number, and any other specifics that accurately identify the property being transferred.
3. Include the names and addresses of both the grantor (the person granting the property) and the grantee (the person receiving the property). Make sure to double-check the spelling and accuracy of these details.
4. Indicate the consideration or amount of money being exchanged for the property. This could be a specific dollar amount or simply state that the property is being transferred as a gift.
5. Specify any additional terms or conditions of the transfer. This could include any obligations or restrictions placed on the property, such as easements or covenants.
6. Sign the statutory warranty deed in the presence of a notary public. The grantor's signature must be notarized for the deed to be valid.
7. Finally, record the completed deed at the county recorder's office. This step is crucial to officially transfer ownership of the property and provide notice to the public.

Who needs a statutory warranty deed?

1. Home Buyers: When buying a property, it is common for the seller to provide a statutory warranty deed to ensure the buyer receives clear title to the property. This type of deed guarantees that the seller has the legal right to transfer ownership and that there are no undisclosed claims or issues on the property.
2. Sellers: Some states may require sellers to provide a statutory warranty deed as part of the required documentation for selling a property. By offering this deed, the seller is assuring the buyer of their legal rights to the property and protecting themselves from potential legal claims in the future.
3. Estate Settlement: In cases where real estate is being transferred as part of an estate settlement after someone's passing, a statutory warranty deed may be necessary to transfer ownership to the rightful heirs or beneficiaries.
4. Property Transfers: Anytime there is a need to legally transfer ownership of real estate, such as gifting a property or adding/removing someone from the title, a statutory warranty deed may be required to ensure a smooth and clear transfer.

Remember, it is always advisable to consult with a real estate attorney or professional when filling out a statutory warranty deed to ensure compliance with local laws and regulations.

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What is statutory warranty deed?

A statutory warranty deed is a type of deed used in real estate transactions to transfer ownership of property with a guarantee from the seller that they have clear title to the property and the right to sell it.

Who is required to file statutory warranty deed?

The seller or grantor is typically required to file a statutory warranty deed in real estate transactions.

How to fill out statutory warranty deed?

To fill out a statutory warranty deed, you will need to include information about the property being transferred, the names of the grantor and grantee, and any applicable terms or conditions of the transfer.

What is the purpose of statutory warranty deed?

The purpose of a statutory warranty deed is to provide the buyer with assurance that the seller has clear title to the property and the right to sell it, as well as protection against any future claims to the property.

What information must be reported on statutory warranty deed?

The information that must be reported on a statutory warranty deed includes the legal description of the property, the names of the grantor and grantee, the purchase price, and any conditions or warranties included in the transfer.