Bold writing in a Warranty Deed - Online Editor

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How to bold writing in the Warranty Deed

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All right, in todays video were gonna discuss deeds. Now, Im not gonna talk about the different types of deeds in this video. If you want a video on the different types of deeds, go ahead and click right up here. The little i in the upper right hand corner. Thatll take you to that video. Today were gonna discuss basically the purpose, how we convey tile using a deed. Remember, conveyance of title simply means transfer of ownership. Were gonna talk about essential elements, what kind of things must a deed contain, for it to be legal and valid. And then whats the purpose of recording the deed. So lets get started. First thing we want to talk about is the deed. Whats the purpose of the deed? Well the purpose of the deed is to transfer, to transfer ownership. Now we call that conveyance of title. Those two terms can be used interchangeably, and you dont know how the real estate licensing exam question is gonna be structured. So they mean the same thing. The other part is transf

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What words generally are contained in the he granting clause in a special warranty deed?

The granting clause in a special warranty deed generally contains the words grantor remises, releases, alienates, and conveys.

What is the main purpose of a warranty deed?

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.

Which of the following describes a special warranty deed?

Special warranty deeds are common for commercial property, estates or foreclosures. These deeds guarantee a title is clear and free from the sellers ownership period and excludes claims resulting from prior owners. These deeds are best for sellers, while general warranty deeds offer more protections for buyers.

What does the habendum clause in a deed contain quizlet?

The habendum clause contains language indicating that the instrument is a deed and that the land is being granted or conveyed. The premises or preamble to a deed is the section that: Sets forth the parties to the deed and the date of the deed.

Which should not be used in a deed as a legal description?

The deed should never describe the property conveyed using only the property address or the property tax identification numbers used by the tax assessors office. Even the legal descriptions included in local tax records may be abbreviated and inadequate to legally describe the property.

Which of the following phrases would be used in a granting clause?

This clause is generally worded as convey and warrant; grant; grant, bargain, and sell; or the like. That part of a deed beginning with the words to have and to hold, following the granting clause and defining the extent of ownership the grantor is conveying.

What is an example of a granting clause?

Example: An example of a granting clause in an oil-and-gas lease might read: The Lessor hereby grants, leases, and lets exclusively to the Lessee the right to explore, drill, and produce oil, gas, and other minerals from the leased premises.

What are the pros and cons of a warranty deed?

Warranty deed pros and cons BenefitsDrawbacks Shows that the title has no outstanding debt claims or liens. Buyer protection differs between general and special warranty deeds. Can be used to prove ownership to lenders. Does not replace title insurance, which may be necessary with a special warranty deed.1 more row Aug 31, 2023

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Bold writing in the Warranty Deed