General Warranty Deed Form - Page 2
What is General Warranty Deed Form?
A General Warranty Deed Form is a legal document used in real estate transactions that guarantees the property is free and clear of any encumbrances, and the seller has the legal right to transfer ownership to the buyer.
What are the types of General Warranty Deed Form?
There are two main types of General Warranty Deed Forms:
Statutory Warranty Deed
Special Warranty Deed
How to complete General Warranty Deed Form
To complete a General Warranty Deed Form, follow these steps:
01
Fill in the names and addresses of the parties involved in the transaction
02
Describe the property being transferred accurately and in detail
03
Include any special terms or conditions of the sale
04
Sign and date the deed in the presence of a notary public
05
Record the deed with the county clerk's office
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Questions & answers
How do I get a warranty deed in New Mexico?
Warranty Deed in New Mexico A warranty deed must be notarized and filed with the city or county records office of its location and delivered to the grantee at closing. All deed transfers of New Mexico property also require a Real Property Transfer Declaration Affidavit, detailing the sales transaction.
What does GW mean in real estate?
A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document. by Brette Sember, J.D. updated April 28, 2022 · 2min read.
What is the most common type of warranty deed?
General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.
How do I fill out a Texas general warranty deed?
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
What is another name for a general warranty deed?
The guarantees of a general warranty deed are known as covenants. Traditionally, there are six covenants of title which can be divided into present covenants and future covenants. The present covenants are: Covenant of Seisin.
Can I prepare my own warranty deed in Florida?
The answer is yes. Parties to a transaction are always free to prepare their own deeds. If you do so, be sure your deed measures up to your state's legal regulations, to help avert any legal challenge to the deed later.
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