General Warranty Deed Documents

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General warranty

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General Warranty Deed with Vendors Lien - Texas

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General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common - Texas

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Deed grantees

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General Warranty Deed from two Individuals to Husband and Wife - North Carolina

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General Warranty Deed from two Individuals to Corporation - North Carolina

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Ohio general deed

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Commonly Asked Questions about General Warranty Deed Documents

Is a general warranty deed the same as a deed?

A traditional deed simply transfers the ownership of a property from one party to another (in other words, the seller to the buyer.) Whoever legally holds the deed is the rightful owner of the property. A warranty deed, on the other hand, contains special assurances that the seller makes to the buyer.

What is the purpose of a general warranty deed?

A general warranty deed is a legal agreement that protects a property buyer from any debts held against the property theyre purchasing. If such a debt emerges after the sale, the seller, not the buyer, is financially responsible for that debt.

How to get How to get a general warranty deed?

A general warranty deed is a legal agreement that protects a property buyer from any debts held against the property theyre purchasing. If such a debt emerges after the sale, the seller, not the buyer, is financially responsible for that debt. General Warranty Deed: Definition FAQs - Trust Will trustandwill.com learn general-warranty-deed trustandwill.com learn general-warranty-deed

When the grantor offers the grantee a general warranty deed?

The grantor offers six specific warranties to the grantee that are not offered by any other deed. The seller offers the greatest level of buyer protection with a general warranty deed through six specific warranties. The seller promises that he/she owns the property and has the legal right to sell it.

How much does a warranty deed cost in Texas?

The fee to prepare a Property Deed for you is $195. Your deed will be prepared by a Texas licensed attorney in about an hour. This fee does not include the county recording fee. The county recording fee is approximately $15 to $40, depending on the county the property is located in.

What is a general warranty deed grant deed )?

A general warranty deed transfers real property from the buyer to the seller with the guarantee that the seller holds clear, unencumbered legal title to the property.

What is the most common type of warranty deed?

A general warranty deed is the most common type of deed used for transferring real estate. It basically promises that: not only does the seller have good and proper title to sell the property, but all the prior owners also had good title, thus making a complete chain of ownership; and.

What are the disadvantages of a special warranty deed?

Cons: Fewer protections for buyers, who are now responsible for addressing any previous liens or claims for the property. Lenders and title companies may refuse to help buyers secure financing or title insurance for a property sold under special warranty.