Easily Replace Option Field to the Warranty Deed

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How to Replace Option Field to the Warranty Deed

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In this video, attorney Robert Flesses addresses a viewer question from Gina regarding the conversion of a quitclaim deed to a warranty deed after purchasing a foreclosure. Flesses explains that a quitclaim deed only transfers the seller's existing title and interest, meaning the buyer does not gain any additional rights or guarantees. He emphasizes that it is impossible to convert a quitclaim deed into a warranty deed, as the former does not provide the full ownership rights or protections that come with a warranty deed. The discussion underscores the limitations of quitclaim deeds in real estate transactions.

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How much does it cost to file a warranty deed in Texas?

The cost to record a real estate deed is $30 for the first page and $4 for each additional page of the document. Each name in excess of five to be indexed is 25 cents. If the grantees address is not listed on the document, a fee of $25 or twice the regular filing fee, whichever is greater, will be charged.

Can I prepare my own warranty deed in Texas?

As a property owner and grantor, you can obtain a warranty deed for the transfer of real estate through a local realtors office, or with an online search for a template. To make the form legally binding, you must sign it in front of a notary public.

How do I fill out a Texas warranty deed?

A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.

What is a deed that transfers title to property without any warranties called?

A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.

How do I docHub a warranty deed in Texas?

The person signing the deed should take the deed to an active notary public or use remote online notarization to execute a real estate transaction. The notary public will watch the individual sign the deed and then sign and stamp it.

What are other names for warranty deed?

A grant deed, also known as a special warranty deed, is a legal document used to transfer ownership of real property. A special warranty deed only warrants against problems in the property title that occurred during ownership of the property.

What is required on a warranty deed in Texas?

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.

What is the difference between a warranty deed and a quit claim deed in Michigan?

A quitclaim deed is the opposite of a warranty deed in that the grantor is transferring title to a piece of property but is not warranting that they have good title to that property. A quitclaim deed only transfers whatever interest that the grantor has in the property at the time of the conveyance.

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Replace Option Field to the Warranty Deed