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Lock Up Title Warranty For Free

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Lock Up Title Warranty Feature

The Lock Up Title Warranty feature offers you peace of mind when purchasing or selling property. It ensures your ownership rights are protected and helps prevent any potential disputes. This feature is designed specifically for homeowners and real estate investors who want to secure their property transactions.

Key Features

Comprehensive title search to identify any existing claims

Protection against unknown defects and liens on the title

Coverage for legal fees associated with defending your title

Easy claims process and responsive customer support

Transferable warranty that adds value to your property

Potential Use Cases and Benefits

Homebuyers seeking security in their property investments

Sellers wanting to enhance buyer confidence

Real estate agents looking to offer added value to clients

Investors aiming to protect their portfolio from title disputes

Landlords wishing to safeguard their rental properties

By using the Lock Up Title Warranty feature, you address potential concerns around property ownership. It removes uncertainty by ensuring that you are the rightful owner and can prove it. This certainty not only shields you from legal issues but also boosts the confidence of any potential buyers or investors. When you choose Lock Up, you choose tranquility in your property dealings.

Instructions and Help about Lock Up Title Warranty For Free

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What is a warranty of title?

A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.

Is a warranty deed the same as a title?

A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects. Most property sales make use of a warranty deed.

What does warranty of title mean?

A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.

Is a warranty deed the same as a deed?

Warranty deed. 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.

Is a warranty deed proof of 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.

Is a quitclaim deed the same as a title?

A quitclaim deed transfers title but makes no promises at all about the owner's title. ... Deed transfers of any kind (warranty or quitclaim) impact only the ownership (title) and do not change or affect any mortgage on the property. The mortgage is a separate document.

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 a property?

Get a copy of the deed to the property. ... Produce copies of purchase documents. ... Use the certificate of title for a mobile home. ... Gather property tax receipts. ... Get copies of mortgage payment records. ... Provide proof of homeowner's insurance in your name. ... Complete an affidavit of ownership.

Who files a warranty deed?

A warranty deed transfers property from the current property owner (granter) to one or more new owners (grantees). By signing the warranty deed, the granter guarantees the grantee against all title issues, regardless of when they arose. This guarantee is not limited to the time when the granter owned the property.

Is the warranty deed the deed to the house?

A warranty deed is a legal document that people use to transfer property. A warranty deed states that a property owner has sole claim to the property in other words, that no other entity has a lien on the piece of land or home.

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