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- So what is exactly is a special warranty deed? And when does it make sense for you to use it? Were gonna cover that in the next few minutes. (light xylophone music) Whenever youre closing a real estate deal in-house, probably the most important document that youre gonna be working with, is the deed. And as far as deeds go, theres a couple that most people have heard of. One of them is called the warranty deed, the other one is called a quitclaim deed. And a warranty deed is basically when the sellers promising that there are no title defects of record, and I will defend this going back to the very beginning of time, I promise this thing is totally free and clear, and you are getting at the unencumbered title to the property. So its a pretty strong statement. A quitclaim deed is where a person is saying, Im gonna give you whatever title I have in this property, if I have anything, so, for example, I could give you a deed to the White House, and I dont own anything, and that
