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Generate Title Warranty Feature
The Generate Title Warranty feature provides you with a reliable way to create title warranties for your properties. This tool streamlines the process, ensuring you can deliver accurate and dependable warranties every time.
Key Features
Automated warranty generation makes the process efficient
Customizable templates allow you to tailor warranties to specific needs
User-friendly interface simplifies document creation
Instant access to legal compliance information ensures reliability
Downloadable formats provide easy sharing options
Potential Use Cases and Benefits
Real estate agents can quickly provide clients with necessary documentation
Homeowners can secure their investments with proper warranties
Title companies can enhance their service offerings and customer satisfaction
Legal professionals can simplify warranty preparation for clients
Investors can protect their assets with tailored warranties
This feature solves your problem by eliminating the guesswork in creating title warranties. It reduces the chance of errors and saves you time, allowing you to focus on what truly matters: serving your clients and growing your business.
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Who creates a warranty deed?
It pledges or warrants that the owner owns the property free and clear of any outstanding liens, mortgages, or other encumbrances against it. The two parties involved in a warranty deed are the seller or owner, also known as the granter, and the buyer or the grantee.
How do I get a warranty deed?
Warranty deeds are on file with county recorder's office in the county where the property resides. To get a copy of a warranty deed, go to the county recorder's office and request a copy. Often, you will be charged a fee for the copy.
What do I do with a warranty deed?
A warranty deed is a type of deed where the granter (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer), in contrast to a quitclaim deed, where the seller does not guarantee that he or she holds title to a piece of real estate.
Who files a warranty deed?
A warranty deed transfers property from the current property owner (granter) to one or more new owners (grantees). By signing the warranty deed, the granter guarantees the grantee against all title issues, regardless of when they arose. This guarantee is not limited to the time when the granter owned the property.
Is Warranty Deed same as deed?
The warranty deed acts to transfer property ownership from the current owner the “granter” to the new buyer, the “grantee.” ... For example, when you purchase a house, the seller signs a warranty deed granting you ownership. You then sign the deed of trust as a promise to repay the lender for the loan.
Can a warranty deed be changed?
Call the mortgage lender, title company and the local property records office and inform them that you need to change the warranty deed on your property. ... Changing a warranty deed usually means the property's mortgage note and title will have to be revised, and there may be fees charged for these services.
Does a warranty deed prove ownership?
A warranty deed is one type of proof of ownership; it shows the name of the owner and gives a brief description of the property. The previous owner or party granting you ownership signs the warranty deed, showing your rights to the property. A quitclaim deed is the other main type of property deed.
Does a warranty deed transfer ownership?
A warranty deed transfers ownership and also explicitly promises (warrants) that the granter/seller holds good title to the property. ... A quitclaim transfers any ownership interest the granter/seller has in the property, but makes no promises or guarantees about what that interest is or that title is good.
How do you prove ownership of property?
Get a copy of the deed to the property. ...
Produce copies of purchase documents. ...
Use the certificate of title for a mobile home. ...
Gather property tax receipts. ...
Get copies of mortgage payment records. ...
Provide proof of homeowner's insurance in your name. ...
Complete an affidavit of ownership.
Who prepares a warranty deed?
Whoever has their name on the deed is the rightful owner of the home, so it's one of the most important documents in buying or selling a home. The seller typically prepares the real estate deed, usually with the help of a title company or an attorney to ensure the property transfers successfully.
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