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How to Alter Warranty Deed

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In this video, attorney Robert Flessas addresses a question from viewer Gina regarding the conversion of a quitclaim deed to a warranty deed after purchasing a foreclosure. Flessas explains that a quitclaim deed transfers only the seller's existing rights and interests in the property, and cannot be converted into a warranty deed, which provides more comprehensive title guarantees. He emphasizes that once you've received a quitclaim deed, you do not gain any additional rights beyond what the seller had at the time of the sale. Flessas encourages viewers to subscribe for more legal insights.

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What is required on a warranty deed in Indiana?

To be valid, each Indiana warranty deed form must meet the requirements of Indiana law. These requirements include valid legal description, statement of consideration, and a description of the manner in which co-owners will hold title, font size and page format requirements, and signature and notarization requirements.

What is a warranty deed on a house in Ohio?

Introduction. A warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer).

What is a special warranty deed in North Carolina?

A North Carolina special warranty deed is used to convey property from a grantor (seller) to a grantee (buyer) with a limited guarantee that there are no liens or encumbrances on the title during the grantors ownership. Although, the deed does not guarantee clean title from past owners.

Does South Carolina have a warranty deed?

A South Carolina general warranty deed is used to convey the title of real property from a seller to a buyer in South Carolina. This type of deed comes with a guarantee that the seller has the legal right and authority to sell the property.

Which type of deed warranty is most limited?

The Quitclaim Deed A quitclaim deed provides the least protection for the buyer, and its uses are very limited. This type of deed simply transfers any interest the grantor might have in the property. It doesnt guarantee that the grantor has any interest to convey.

What is a South Carolina form of limited warranty deed?

What is a South Carolina Special Warranty Deed Form? A South Carolina special warranty deed is a written instrument transferring a property interest from the current owner (the grantor) to a new owner (the grantee) with limited warranty of title.

Which deed contains the strongest warranty?

A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document.

What is a limited warranty deed in South Carolina?

A limited warranty deed transfers legal title to real property. However, this type of deed does not promise clear title; it only guarantees the title for the period during which the grantor owned it. Despite this, it is useful in some situations. by Brette Sember, J.D. updated November 11, 2022 3min read.

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Alter Warranty Deed