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As a property owner and granter, you can obtain a warranty deed for the transfer of real estate through a local realtor's office, or with an online search for a template. To make the form legally binding, you must sign it in front of a notary public.
As a property owner and granter, you can obtain a warranty deed for the transfer of real estate through a local realtor's office, or with an online search for a template. To make the form legally binding, you must sign it in front of a notary public.
In order to make the Warranty Deed legally binding, the Seller needs to sign it front of a notary public. Then signed and notarized deed must be filed at the city or county office for recording property documents. Before filing with this office all previously billed property taxes must be paid in full.
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.
Any type of deed functions to transfer ownership of property between two parties. ... The warranty deed is commonly used when a property is purchased at or around its fair market value. The deed implies certain warranties that the seller, or granter, provides to the buyer, or grantee.
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.
What Is a Warranty Deed? A warranty deed is a document often used in real estate that provides the greatest amount of protection to the purchaser of a property. It pledges or warrants that the owner owns the property free and clear of any outstanding liens, mortgages, or other encumbrances against it.
Any type of deed functions to transfer ownership of property between two parties. Different types of deeds can be used to meet specific needs of the seller and buyer. The warranty deed is commonly used when a property is purchased at or around its fair market value.
It is necessary to use a warranty deed to secure the grantee's legal ownership and claim to the property. ... The new owner has full rights to the property, and can sell it if desired. Receiving a warranty deed guarantees that there are no liens or encumbrances on the property.
While new owners receive a copy of the deed at the time of transfer, additional copies are available as public records at the Office of Assessor-Recorder's office or County Recorders Office.
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