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Replace Amount Field in the Warranty Deed

Replace Amount Field in the Warranty Deed

Aug 6th, 2022

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How to Replace Amount Field in the Warranty Deed

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In this video, attorney Robert Flesses addresses a question from viewer Gina regarding the process of converting a quitclaim deed obtained from a foreclosure auction into a warranty deed. He explains that when receiving a quitclaim deed, the seller transfers only their current title and interest in the property, with no additional guarantees. Essentially, it is not possible to convert a quitclaim deed into a warranty deed, as the former does not provide the protections that a warranty deed does. The video emphasizes understanding the limitations of a quitclaim deed in real estate transactions.

Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Does a warranty deed prove ownership?

A bargain and sale deed indicates that only the seller of a property holds the title and has the right to transfer ownership. This type of deed offers no guarantees for the buyer against liens or other claims to the property, so the buyer could be responsible for these issues if they turn up.

What is another name for a warranty deed?

Signing Requirements Must be signed by the grantor(s) in the presence of a Notary Public or two (2) subscribing witnesses (T. C. A. 66-22-101).

With a clear title search and a general warranty deed, do I need title insurance?

A warranty deed by itself does not prove ownership of a property and it is necessary to also have evidence of title of the property. If a deed contains an error, another party could potentially have a claim to that same property.

Does a warranty deed prove ownership Florida?

These requirements include a valid legal description, statement of consideration, and a description of the manner in which co-owners will hold title. The deed must also meet the font size, margin, and page format requirements of Texas recording laws and include the statutory form of notary acknowledgments.

How does a general warranty deed protect grantees?

A warranty deed or quit claim deed TRANSFERS TITLE or OWNERSHIP of real property.

What is a warranty deed?

: to release or relinquish a legal claim to. especially : to release a claim to or convey by a quitclaim deed. quitclaim noun.

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