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How to fill out special warranty deed

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How to fill out special warranty deed

01
Obtain a blank special warranty deed form
02
Enter the current date on the form
03
Identify the grantor and grantee
04
Include a legal description of the property being transferred
05
Specify the terms and conditions of the transfer
06
Have the grantor sign the deed in the presence of a notary public
07
File the completed special warranty deed with the appropriate county office

Who needs special warranty deed?

01
Special warranty deeds are typically used in real estate transactions where the grantor (seller) wishes to limit their liability for any defects that may have occurred during their ownership. It is commonly used by sellers who want to convey a property with limited warranties, protecting the buyer against any defects that may have arisen only during the grantor's ownership.
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A special warranty deed is a type of legal document that conveys real estate from a seller to a buyer, ensuring that the seller only guarantees the property's title against defects that occurred during their period of ownership.
The seller of the property is typically required to file the special warranty deed, although in some jurisdictions, the responsibility may also be shared with the buyer or an attorney.
To fill out a special warranty deed, you need to include the names of the grantor and grantee, a legal description of the property, details of the consideration being exchanged, and the date of the transaction. It often requires signatures of the seller and witnesses, along with notarization.
The purpose of a special warranty deed is to provide limited protection to the buyer by guaranteeing the title against claims arising only from the seller's ownership period, rather than from all previous owners.
Information that must be reported includes the legal description of the property, names of the grantor and grantee, date of execution, and any additional clauses reflecting the terms of the agreement.
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