Get the free Limited Warranty Deed - South Carolina Bar - scbar

Recording Requested By and When Recorded Mail to: Recording Time, Book & Page SOUTH CAROLINA LIMITED (SPECIAL) WARRANTY DEED COUNTY: CITY: Granter TAX MAP NUMBER: DATE: Grantee Enter in appropriate

How to fill out limited warranty deed

How to fill out a limited warranty deed:

1. Begin by obtaining the necessary forms and documents for a limited warranty deed. These can usually be found online, at a local courthouse, or through a real estate attorney.
2. Fill in the legal description of the property, including the address, lot number, and any additional information required to accurately identify the property being transferred.
3. Include the names and addresses of both the grantor (current owner) and grantee (new owner). Make sure to spell everything correctly and provide accurate contact information for both parties.
4. State the consideration for the transfer, which is typically the purchase price or value of the property being transferred.
5. Specify any conditions or restrictions associated with the transfer, if applicable. This may include any outstanding liens or encumbrances on the property, as well as any agreements or obligations that the grantor or grantee must comply with.
6. Sign the deed in the presence of a notary public or another authorized individual. Both the grantor and grantee should sign the document to ensure its validity and legality.
7. Record the deed with the appropriate county or jurisdiction. This typically involves submitting the original document along with any required fees to the county recorder's office. This step is crucial to establish and protect the new owner's rights and interests in the property.

Who needs a limited warranty deed:

1. Buyers and sellers involved in a real estate transaction often use limited warranty deeds to transfer property rights. This type of deed ensures that the grantor, or current owner, guarantees that they have not caused or allowed any defects in the title during their ownership.
2. Limited warranty deeds are commonly used in commercial real estate transactions, where the buyer may have more resources and ability to conduct due diligence on the property's history and condition.
3. Developers and investors who purchase properties for rehabilitation or redevelopment may also prefer limited warranty deeds to limit their liability for any undisclosed title issues that may arise.
4. Lenders who are foreclosing on defaulting borrowers may use limited warranty deeds to transfer the property to a buyer, often an investor or another lender. This helps protect the new owner from any claims or liabilities that existed prior to the foreclosure.

Overall, anyone involved in a real estate transaction, particularly those seeking to protect their interests and ensure the validity of the title, may benefit from utilizing a limited warranty deed.

For pdfFiller’s FAQs

What is limited warranty deed?

A limited warranty deed is a legal document that transfers ownership of real property and guarantees that the seller owns the property free and clear of any liens or encumbrances, except for those disclosed in the deed.

Who is required to file limited warranty deed?

The seller of the property is required to file a limited warranty deed.

How to fill out limited warranty deed?

To fill out a limited warranty deed, you will need to include the names of the grantor and grantee, legal description of the property, any relevant restrictions or covenants, and the signature of the grantor.

What is the purpose of limited warranty deed?

The purpose of a limited warranty deed is to transfer ownership of real property and provide limited assurances to the buyer regarding the title.

What information must be reported on limited warranty deed?

The limited warranty deed must contain the names of the parties involved, legal description of the property, any exceptions to the warranty, and signature of the grantor.

How can I send limited warranty deed to be eSigned by others?

Once your limited warranty deed is ready, you can securely share it with recipients and collect eSignatures in a few clicks with pdfFiller. You can send a PDF by email, text message, fax, USPS mail, or notarize it online - right from your account. Create an account now and try it yourself.

How do I edit limited warranty deed in Chrome?

Get and add pdfFiller Google Chrome Extension to your browser to edit, fill out and eSign your limited warranty deed, which you can open in the editor directly from a Google search page in just one click. Execute your fillable documents from any internet-connected device without leaving Chrome.

Can I edit limited warranty deed on an Android device?

You can make any changes to PDF files, such as limited warranty deed, with the help of the pdfFiller mobile app for Android. Edit, sign, and send documents right from your mobile device. Install the app and streamline your document management wherever you are.