Legal Forms Warranty Deed

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Commonly Asked Questions about Legal Forms Warranty Deed

Which of the following is the most commonly used type of deed?

Today, Californians most often transfer title to real property by a simple written instrument, the grant deed.

Where to get Where can I get a blank warranty deed form?

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 best type of deed to have?

General warranty deeds give the grantee the most legal protection, while special warranty deeds give the grantee more limited protection. A quitclaim deed gives the grantee the least protection under the law.

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 is a warranty deed in New York state?

A deed transferring title to commercial or residential real property from the grantor to the grantee. In New York, a full covenant and warranty deed provides the grantee with general covenants made by the grantor and the covenant under Section 13 of the New York Lien Law.

Which deed has the most warranties providing the greatest protection to the buyer?

General Warranty Deeds: A General Warranty Deed, also known as a full warranty deed, offers the highest level of buyer protection. It guarantees that the property is free from any liens or encumbrances, regardless of when they originated.

Whats the difference between a special warranty deed and a general warranty deed?

While the seller in a Warranty Deed must defend the title against all other claims and compensate the buyer for any unsettled debts or damages, the seller in a Special Warranty Deed is only responsible for debts and problems accrued or caused during his ownership of the property.

What is the main purpose of a warranty deed?

Key Takeaways. A warranty deed protects the buyer and ensures that the seller holds a free and clear title to a property without any outstanding liens or mortgages. A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property.

How do I get the deed to my house in NY?

Call 311 or 212-NEW-YORK (212-639-9675) for help. Request a Document from 1966 to Present. You can request a certified or uncertified copy of property records online or in person. Cost. Online. Property owners of all boroughs except Staten Island can visit ACRIS. In Person.