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This instrument was prepared by and to be returned to: Property Appraisers Parcel Identification No. SPECIAL WARRANTY DEED This Indenture, made this day of, between:, whose post office address is
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How to fill out special warranty deed
How to fill out a special warranty deed:
01
Start by obtaining a blank special warranty deed form. You can usually find these forms at your local county recorder's office or online through reputable legal websites.
02
Begin filling out the deed by entering the names and addresses of the grantor (current owner/seller) and the grantee (new owner/buyer) in the designated spaces.
03
Provide a detailed legal description of the property being conveyed. This typically includes information such as the lot number, section, township, and range. You can usually find this information on the property's existing deed or through your county's property records.
04
Indicate the type of interest being transferred. In most cases, this will be a fee simple interest. However, be sure to check with your local laws or a real estate attorney to confirm the appropriate type of interest for your situation.
05
Specify any encumbrances or exceptions to the warranty. This includes any liens, easements, or other limitations on the property. Clearly state these encumbrances in the deed to ensure the buyer has full knowledge of any potential issues.
06
Include any necessary additional clauses or provisions, such as specific warranties or covenants. These may vary depending on your state's laws or the specific terms agreed upon between the parties involved. It's essential to consult with a real estate attorney to ensure all necessary clauses are included.
07
Sign the special warranty deed in the presence of a notary public. Both the grantor and the grantee should sign the deed, and the notary public will acknowledge their signatures.
08
Finally, submit the completed and notarized special warranty deed to the appropriate county recorder's office for recording. This step is crucial to ensure the deed is legally recognized, and it provides a public record of the property transfer.
Who needs a special warranty deed?
A special warranty deed is commonly used in real estate transactions where the seller guarantees that they have not incurred any encumbrances on the property during their ownership, except for those expressly stated in the deed. This type of deed is typically used when the seller wants to limit their liability for any potential issues that may arise after the transfer of ownership. The buyer may request a special warranty deed to have more protection than a general warranty deed, which provides broader and more extensive warranties. Additionally, lenders or banks often require a special warranty deed when financing a property purchase. Consulting with a real estate attorney can help determine if a special warranty deed is necessary for your specific situation.
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What is special warranty deed?
A special warranty deed is a legal document used in real estate transactions that protects the buyer against any claims from the seller or previous owners.
Who is required to file special warranty deed?
The seller or grantor is typically responsible for filing the special warranty deed.
How to fill out special warranty deed?
To fill out a special warranty deed, you will need to include details of the property being transferred, the names of the buyer and seller, and any relevant legal descriptions.
What is the purpose of special warranty deed?
The purpose of a special warranty deed is to transfer ownership of a property from the seller to the buyer while limiting the seller's liability for any defects in the title.
What information must be reported on special warranty deed?
Information that must be reported on a special warranty deed includes the names of the parties involved, a legal description of the property, the purchase price, and any relevant terms of the agreement.
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