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Commonly Asked Questions about Legal Deeds in Real Estate

A general warranty deed is often considered the most common way to transfer real property. It is used when you are aware and confident that the title to your property is good and marketable. It is most commonly used for residential real estate transactions.
When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims. Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.
General warranty deed Its the type of deed that offers the most buyer protection. When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims.
A warranty deed, which also may be called a general warranty deed, is the type of deed used most frequently when real property is sold. A warranty deed guarantees that the title is free and clear of debts or liens.
A Quitclaim Deed Can Be Used to Clear a Title Defect A quitclaim deed is often used to cure a defect (a cloud on the title) in the recorded history of a real estate title.
Fee simple. This is the most common type of interest. It is outright ownership. Even if you still owe money on your mortgage, as long as you have the right to sell the house, leave it to your heirs, and make alterations, your ownership is fee simple.
Upon request, copies of the deed, mortgages, transfers and liens can be obtained by conducting an Ontario Registered Document search. Upon request, any outstanding judgments on the registered owners as they appear on the Parcel Register can be obtained by ordering a Writ of Execution.