How To Fill Out A Warranty Deed - Page 2

What is how to fill out a warranty deed?

Filling out a warranty deed is an important step when transferring real estate ownership. It is a legal document that guarantees the seller possesses clear title to the property and has the right to sell it. The warranty deed also provides protection to the buyer by ensuring that the property is free from any encumbrances or claims that may affect ownership.

What are the types of how to fill out a warranty deed?

There are two common types of warranty deeds: general warranty deed and special warranty deed. A general warranty deed provides the most comprehensive protection to the buyer, as it guarantees clear title and covers any defects in the property's chain of ownership. On the other hand, a special warranty deed only guarantees title against any claims or defects that occurred during the seller's ownership period.

General warranty deed
Special warranty deed

How to complete how to fill out a warranty deed

Filling out a warranty deed may vary depending on the state or jurisdiction, but here are some general steps to follow:

01
Identify the parties involved: Provide the names and addresses of the grantor (seller) and grantee (buyer).
02
Property description: Accurately describe the property being transferred, including the address, legal description, and any other relevant details.
03
Terms and conditions: Specify the terms and conditions of the transfer, including the purchase price, any liens or encumbrances, and specific warranties being provided.
04
Witnesses and notarization: Some states require witnesses and a notary public to witness the signing of the warranty deed. Make sure to comply with the legal requirements of your jurisdiction.
05
Execution and delivery: Sign the warranty deed and deliver it to the grantee to complete the transfer of ownership.

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