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2016 U.S. Legal Forms, Inc.PENNSYLVANIAWARRANTY DEED Two Individuals to Three Individuals Control Number: PA02878I. TIPS ON COMPLETING THE Forsythe form(s) in this packet may contain “form fields
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How to fill out warranty deed - two

01
Obtain a blank warranty deed form from a local courthouse or an online legal document provider.
02
Fill out the deed with the required information, including the names of the grantor (current owner) and the grantee (new owner), a legal description of the property, and any other necessary details.
03
Sign the deed in the presence of a notary public.
04
Record the completed and notarized deed at the county recorder's office where the property is located.
05
Provide a copy of the recorded deed to the grantee for their records.

Who needs warranty deed - two?

01
Warranty deeds are typically used during real estate transactions, such as when a property is being sold or transferred between family members.
02
Homeowners who want to add or remove someone's name from the property title, or who want to transfer ownership to a trust or an LLC, may also need a warranty deed.
03
Additionally, mortgage lenders may require warranty deeds as part of their lending process.

What is Warranty Deed - Two Individuals to Three Individuals - Pennsylvania Form?

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A warranty deed is a legal document that guarantees that the grantor has clear and marketable title to the property and has the right to sell it. It provides a warranty of title against any claims that may arise.
The grantor (seller) is typically required to file the warranty deed to transfer ownership to the grantee (buyer). Additionally, some jurisdictions may require the grantee to file the warranty deed for it to be officially recorded.
To fill out a warranty deed, the grantor must provide the property's legal description, include the names of the grantor and grantee, and state the consideration (purchase price). It must also be signed by the grantor and notarized.
The purpose of a warranty deed is to assure the grantee that the property is free from any encumbrances, and it provides legal protection against future claims on the property. It also serves to transfer ownership legally.
Mandatory information on a warranty deed includes the full legal names of the grantor and grantee, the legal description of the property, the date of the transfer, and any considerations paid.
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