What is Warranty Deed Form?
A warranty deed form is a legal document that transfers ownership of a property from one party to another. It guarantees that the property is free and clear of any encumbrances or defects, and the seller has the legal right to transfer the property to the buyer. This type of deed provides the highest level of protection for the buyer, ensuring that they receive full ownership and protection against any future claims on the property.
What are the types of Warranty Deed Form?
There are several types of warranty deed forms, each offering different levels of protection to the buyer. Some common types include:
General Warranty Deed: Provides the broadest level of protection, guaranteeing the buyer against any claims or defects that may arise from the property's entire ownership history.
Special Warranty Deed: Offers protection to the buyer, but only for claims or defects that occurred during the seller's ownership of the property.
Quitclaim Deed: Does not offer any warranties or guarantees. It transfers the seller's rights or interest in the property to the buyer, without any assurances about the property's title.
Executor's Deed: Used when a property is being transferred by an executor or administrator of a deceased person's estate.
Sheriff's Deed: Transfers property ownership as a result of a foreclosure or court order, typically executed by a sheriff or public officer.
Trustee's Deed: Used in trust agreements to transfer property from a trustee to a beneficiary.
How to complete Warranty Deed Form
Completing a warranty deed form may vary from state to state, but generally, the process involves the following steps:
01
Obtain a blank warranty deed form that complies with your state's legal requirements. You can use pdfFiller's unlimited fillable templates for this purpose.
02
Identify the parties involved in the transaction, including the names and addresses of the grantor (seller) and the grantee (buyer).
03
Provide a detailed legal description of the property being transferred. This typically includes the property address, lot number, and any associated landmarks or boundaries.
04
Include any applicable warranties or guarantees specified in the warranty deed form.
05
Sign and notarize the warranty deed form. Both the grantor and grantee must sign the document in the presence of a notary public, who will then notarize the signatures to validate the deed.
06
Record the completed and notarized warranty deed with the appropriate county recorder's office. This step makes the transfer of ownership a matter of public record.
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