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Special Warranty Deed Special warranty deeds are frequently used by temporary holders of real estate, such as trusts, or other fiduciaries, or corporations, who do not use or occupy the land for their own benefit. Often, the special warranty deed is issued when the real estate is sold in a tax sale.
Deeds can be less than one page, or they can be several pages long. They're normally prepared by an attorney. A deed is a legally defensible instrument after it's been signed by all parties, transferring property between them pursuant to its various restrictions, covenants, and special granting clauses.
There are three basic kinds of deeds: a general warranty deed, a special warranty deed, and a non-warranty or quitclaim deed. If you are a buyer, you want your deed to get you everything you bargained for.
A property deed is a written and signed legal instrument that is used to transfer ownership of real property from the old owner (the granter) to the new owner (the grantee). Historically, real property was transferred through a ceremonial act known as “livery of basin.”
Title is not a legal document. It is not a document at all. It means an ownership interest. ... Note that you can sell an interest in the property and still have title if you don't sell your entire interest. If you have a deed to a house, it means that a transfer of interest in the property occurred on a particular date.
A house deed is a written document that shows who owns a particular property. When someone is ready to buy a house, the buyer and seller must sign a deed in order to transfer the property's ownership rights to the new homeowner. A deed is an important legal tool.
Title is the legal way of saying you own a right to something. ... Deeds, on the other hand, are actually the legal documents that transfer title from one person to another. It must be a written document, according to the Statute of Frauds. Sometimes the Deed is referred to as the vehicle of the property interest transfer.
The deed to your house is the official document stating who has an ownership interest in 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.
Head to the Courthouse. If you want a copy of your house deed, you can easily get one for a small fee. ... Mail and Fax Your Request. Many counties allow you to request copies of certified or noncertified deeds by mail. ... Access the Records Online. ... Use the Title Company. ... Hire an Attorney.
The Types of Deeds Warranty deeds and quitclaim deeds are the most familiar types of deeds home buyers will encounter. However, you may also hear about such instruments as special warranty deeds, deeds of trust, grant deeds and bargain and sale deeds.
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