General Warranty Deed Template - Page 2

What is General Warranty Deed Template?

A General Warranty Deed Template is a legal document that transfers ownership of a property or real estate from one party, known as the grantor, to another party, known as the grantee. This type of deed provides the highest level of protection to the grantee, as it guarantees that the grantor holds clear title to the property and has the right to transfer it. The General Warranty Deed Template outlines the terms and conditions of the transfer, including the description of the property, warranties from the grantor, and any additional provisions.

What are the types of General Warranty Deed Template?

There are several types of General Warranty Deed Templates, each suited for different situations. Some common types include:

Full Covenant and Warranty Deed: Provides the strongest level of protection for the grantee, as it includes warranties not only from the grantor but also from all previous owners of the property.
Special Warranty Deed: Limits the warranties to only the time the grantor owned the property, protecting the grantee from any claims or defects that arose before the grantor's ownership.
Quitclaim Deed: Provides the least amount of protection to the grantee, as it transfers only the interest the grantor has in the property without making any warranties about the title or ownership.
Bargain and Sale Deed: Transfers the property without providing any warranties, but implies that the grantor has the right to transfer the property.
Executor's Deed: Used to transfer property from the estate of a deceased person to a new owner, usually a beneficiary or buyer.

How to complete General Warranty Deed Template

Completing a General Warranty Deed Template involves several steps to ensure a valid and enforceable transfer. Here is a general guide on how to complete a General Warranty Deed Template:

01
Identify the parties involved: Clearly state the names and addresses of the grantor and grantee.
02
Describe the property: Provide a detailed description of the property being transferred, including the legal description and any physical addresses.
03
Include warranties and covenants: Specify the warranties and covenants provided by the grantor, such as guaranteeing clear title, freedom from encumbrances, and the grantor's authority to transfer the property.
04
Sign and notarize the deed: Both the grantor and grantee must sign the deed in the presence of a notary public to make it legally binding.
05
Record the deed: File the completed deed with the appropriate county or municipal office to establish a public record of the transfer.

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Video Tutorial How to Fill Out General Warranty Deed Template

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Questions & answers

A special warranty deed guarantees two things: The grantor owns, and can sell, the property. and the property incurred no encumbrances during his ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.
Warranty Deed Rules and Requirements The name and address of the current owner (also called the grantor) The name and address of the new owner (also called the grantee) Original signature of the grantor (note: the grantee does not need to sign the deed) Two witness signatures.
All deeds must be recorded with the Clerk of the Superior Court. This comes with a specified fee. General warranty deeds filed in Georgia must be signed before a notary public and two witnesses. In the case of the notary public acting as a witness, he will be required to sign twice.
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.
A general warranty deed is the most common. Most home sales between strangers involve a general warranty deed. With it, the seller warrants that he has good title from the people who owned it before him, and he has the right to pass on good title to the buyer.
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.