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This document serves as a warranty deed transferring property between individuals in Arkansas, ensuring clear title and outlining covenants and responsibilities.
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What is warranty deed?
A warranty deed is a legal document that transfers property ownership from one party to another, guaranteeing that the grantor holds clear title to the property and has the right to sell it.
Who is required to file warranty deed?
The grantor (the seller) is typically required to file the warranty deed after the property transfer to ensure that the title is updated in the public records.
How to fill out warranty deed?
To fill out a warranty deed, you must include the names of the grantor and grantee, a description of the property, the property’s legal description, and the signature of the grantor, usually in front of a notary.
What is the purpose of warranty deed?
The purpose of a warranty deed is to provide a guarantee that the title to the property being sold is clear of any liens or claims, offering protection to the buyer against future disputes.
What information must be reported on warranty deed?
A warranty deed must report the names of the parties involved, the legal description of the property, the date of the transfer, and the signature of the grantor, often accompanied by a notary acknowledgment.
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