This Warranty Deed from Husband and Wife to LLC form is a Warranty Deed where the granters are husband and wife and the grantee is a limited liability company. Granters convey and warrant the described property to grantee less oil, gas and minerals to which granters reserve the right.

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Hello this is Dave at titlesearch.com this video we're going to talk about different types of deeds as far as transferring property rights the first type of deeds we're going to talk about is a warranty deed a warranty deed is the most protective type of deed that a buyer can receive if you're purchasing property you want to receive a warranty deed what the warranty deed does is it makes sure that the seller or the granter assures that he is the rightful owner of the property he will defend that ownership that he transfers to you, and it guarantees that there's no other encumbrances and warranty deed in most states comes with covenants and the most common types of covenants in almost every state are four or five that go likes this the first covenant is what's called the right of season STI is N and that means that the sellers promising that he has title on the property it's not somebody else's property he's got the right to it now to is a covenant of the right to convey that that owner that's selling into the property to you not only owns a title but has the right to convey it just because you own it you might have restrictions on conveying it, so the second covenant is the right to convey the third covenant that a warranty deed usually includes is the covenant against encumbrances making sure that the seller is owns the property has a right to convey but also doesn't have any encumbrances on the property there are no liens there are no mortgages number four is what's called a covenant of warranty of quiet enjoyment meaning that after you buy the property no one's going to come back to you and say hey that's my house, or you can't use house for this or there are certain restrictions and any of those would need to be disclosed number five is the covenant of further assurances that means that if their any of these things come up if somebody comes up later and says that the seller didn't have the titles of the property or there wasn't Cumbers that the seller will do whatever they need to do to correct those defects and affect actions to assist you as the buyer, so that's the warranty deed second type of deed second most common is a quick the complete opposite end of the spectrum a quitclaim deed means that the seller is making no representations that the title is even valid they're not representing they own the property then I'm representing the properties any good they're not representing anything in fact I could sign over a quitclaim deed to you for the Empire State Building since I don't own the Empire State Building you'll be receiving nothing of value so quickly indeed it's just saying look whatever I have it's yours and take it or leave it so quickly indeed a lot of times is used to changing names on the property or to correct a misspelling another type of deed is a sheriff's deed that's something that a government will use as far as a foreclosure a tax auction a mortgage foreclosure it's used typically in a judicial state where the...
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