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Protected Title Warranty
The Protected Title Warranty is a reliable shield for your property investment. It ensures ownership security and peace of mind, safeguarding you against unforeseen title issues.
Key Features
Covers legal fees related to title disputes
Offers protection against claims from property liens
Ensures clear ownership transfer during sales
Provides access to expert legal support
Includes thorough title search prior to purchase
Potential Use Cases and Benefits
Homebuyers seeking a secure title transfer process
Real estate investors wanting to protect their investments
Sellers aiming to facilitate a smooth closing
Lenders looking for assurance before financing
Anyone needing clarity on property ownership
Imagine purchasing a dream home only to discover a clouded title later. The Protected Title Warranty effectively resolves this concern. With its comprehensive coverage, you can address potential legal issues promptly, ensuring the investment remains sound. It makes property transactions easier for you, allowing you to focus on enjoying your space, not worrying about title complications.
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Can a warranty deed be reversed?
A warranty deed can be revoked. In most situations, the person signing the deed needs the cooperation of the person who received the deed to revoke it. If the deed was prepared for a property transfer as part of a typical sale, though, you probably will have to take legal action to revoke the deed.
Can a warranty deed be changed?
Call the mortgage lender, title company and the local property records office and inform them that you need to change the warranty deed on your property. Changing a warranty deed usually means the property's mortgage note and title will have to be revised, and there may be fees charged for these services.
Does a warranty deed transfer ownership?
While a Warranty Deed guarantees that there are no other existing claims on the property, a Quitclaim Deed does not. Both deeds transfer interest in a property from a granter (property owner) to a grantee or buyer. In a Warranty Deed, the grantee is the person who the interest in a property is being transferred to.
Who can write a warranty deed?
The two parties involved in a warranty deed are the seller or owner, also known as the granter, and the buyer or the grantee. Either party can be an individual or a business, and are often strangers to each other.
How long is a warranty deed good for?
The law will assume that an Agent acting under a valid Durable Power of Attorney, had the authority to transfer the property. A Warranty Deed has no expiration date, it is transferred permanently as of the date of the transfer.
Does a warranty deed prove ownership?
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.
How do you prove ownership of property?
The easiest way to prove your ownership of a house is with a title deed or grant deed that has your name on it. Deeds typically are filed in the recorder's office of the county where the property is located.
Who files a warranty deed?
It pledges or warrants that the owner owns the property free and clear of any outstanding liens, mortgages, or other encumbrances against it. The two parties involved in a warranty deed are the seller or owner, also known as the granter, and the buyer or the grantee.
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