Warranty Deed Form
At English Law, we understand the importance of securing your real estate transactions with a legally binding and clear Warranty Deed. A Warranty Deed protects your interests in property transactions. Our Warranty Deed drafting service is offered for a flat fee of $500, embodying our commitment to provide comprehensive legal solutions tailored to your specific needs.
Quick Guide to Warranty Deeds
What Is a Warranty Deed?
A legal document that transfers property interest while ensuring the property is free from liens or claims.
Guarantees that the property is not collateral for debts or subject to third party occupancy rights.
Involved Parties:
Grantor: The current titleholder who transfers property interest.
Grantee: The recipient who receives title interest.
Note: There can be multiple grantors or grantees, and a person can be both.
Types of Warranty Deeds:
Special Warranty Deed: Limited guarantee for the period the grantor owned the property.
General Warranty Deed: Full guarantee covering the entire history of the property.
Usage of a Warranty Deed:
For buyers seeking full ownership assurance, especially in transactions with strangers or little property history knowledge.
For sellers proving clear title to enable mortgage lending or title insurance provision.
Comparison with Other Deeds:
Quitclaim Deed: No guarantees provided; the buyer may face legal issues later.
Deed of Trust: Title held by a trustee until the buyer’s loan is paid off, aiding in loan security.
Notarization:
Required for validity and enforceability in almost every state.
I agree to terms & conditions provided by the company. By providing my phone number, I agree to receive text messages from the business.
Powered by ESi Agency