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Commonly Asked Questions about General Warranty Deed Forms

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 primary difference between a special warranty deed and a general warranty deed?

The main difference between these deeds is that general warranty deeds apply to the entire history of a piece of land while special warranty deeds only cover the period of time that the previous owner (the grantor) has held the land. As such, special warranty deeds offer fewer protections to a grantee.

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.

Form What is a general warranty deed form?

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. How to Use a General Warranty Deed | .com articles how-to-use-a-ge .com articles how-to-use-a-ge

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 much does it cost to get a warranty deed 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.

Can I prepare my own warranty deed in Texas?

Can I prepare my own warranty deed in Texas? As a property owner and grantor, you can obtain a warranty deed for the transfer of real estate through a local realtors office, or with an online search for a template. To make the form legally binding, you must sign it in front of a notary public.

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.

How to get How to get a general warranty deed?

What is 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

What is the difference between a general warranty deed and a deed of trust?

Both a warranty deed and deed of trust are used to transfer the title of a property from one person to another. However, the difference between these two contracts is who is protected. As you now know, a deed of trust protects the beneficiary (lender). A warranty deed, on the other hand, protects the property owner.