Easily Replace Phone Field to the Warranty Deed

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How to Replace Phone Field to the Warranty Deed

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In response to Gina's question about changing a quitclaim deed into a warranty deed after purchasing a foreclosure, attorney Robert Flesses explains that a quitclaim deed transfers only the seller's existing interest in the property, without any guarantees. He emphasizes that once you receive a quitclaim deed, you cannot convert it into a warranty deed, as they serve different purposes and offer varying levels of protection. A warranty deed provides greater assurance regarding the title, while a quitclaim deed does not. The video aims to clarify this legal distinction for viewers, underscoring the limitations of a quitclaim deed in real estate transactions.

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What are the requirements for a warranty deed in Florida?

Warranty Deed Rules and Requirements The name and address of the current owner (also called the grantor) The name and address of the new owner (also called the grantee) Original signature of the grantor (note: the grantee does not need to sign the deed) Two witness signatures.

What is the difference between a warranty deed and special warranty deed in Florida?

Special Warranty Deed in Florida A special warranty deed still warrants good title. However, it provides a more limited guarantee. While a special warranty deed conveys fee simple title and provides the same five covenants of title that a general warranty deed does, to wit: the covenant of seisin.

What is another name for a warranty deed?

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

What is a warranty deed in New Mexico?

A New Mexico warranty deed is a real estate transfer document in which a seller (grantor) conveys property rights to a buyer (grantee) and warrants that no encumbrances or other issues cloud the property title.

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.

Can I prepare my own warranty deed in Florida?

But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.

What makes a deed invalid in Florida?

There must be damages. A deed that is forged is VOID. To have a deed declared invalid based upon forgery, you need a preponderance or greater weight of the evidence.

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Replace Phone Field to the Warranty Deed