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How to Type Warranty Deed

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A deed is a legal document that serves as evidence of property ownership transfer in real estate. It includes the signatures of the parties involved, the transaction date, and a property description. Different types of deeds exist, but this summary focuses on the general warranty deed and the special warranty deed. A warranty deed guarantees the grantee that the grantor holds legal title to the property, assuring the buyer of the seller's ownership and right to sell. While recording a warranty deed is not mandatory, if it is recorded, the document must be acknowledged.

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What deed best protects the seller?

General Warranty Deed not only does the seller have good and proper title to sell the property, but all the prior owners also had good title, thus making a complete chain of ownership; and. the property is free from any encumbrances, liens, or other such restrictions unless the deed specifically lists them.

What are the types of property ownership in NC?

North Carolina recognizes four basic types of ownership: sole ownership, tenants by the entirety, joint tenants, and tenants in common. In this type of ownership, one individual or entity owns the property completely with no other tenants.

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

A general warranty deed protects the grantee against any title defects or claims arising at any point in time. Whereas, a special warranty deed only protects the grantee against title defects arising from the actions or omissions of the grantor during its ownership.

What type of deed is most commonly used?

A warranty deed is a transfer of title where the seller pledges to the buyer that the property is owned free and clear of all liens. This deed is the most commonly used deed with the issuance of title insurance.

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 the most common type of warranty deed?

When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims. Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.

What is the most common type of warranty deed?

When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims. Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.

Which deed provides the highest guarantee of title?

As one of the most secure types of deeds, general warranty deeds are used in most real estate title transfers. General warranty deeds provide guarantees that the grantor has the right to sell the property and that the grantee will be receiving a title that is free of debt, claims, or other legal encumbrances.

What are the different types of deeds in North Carolina?

There are three types of deeds in North Carolina and each offer different types of protection. The three deeds are: (1) general warranty deed, (2) special warranty deed, and (3) quitclaim deed.

What are the different types of NC deeds?

In North Carolina there are three different types of deeds that offer different types of protections, also known as warranties, to buyers on behalf of the seller. These three types of deeds are the: (1) general warranty deed, (2) special warranty deed, and (3) quitclaim deed.

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Type Warranty Deed

Straightforward instructions on how to Type Warranty Deed

Follow these basic steps to Type Warranty Deed utilizing DocHub:

PDF editing simplified with DocHub

Drive efficiency with the DocHub add-on for Google Workspace

How to Type Warranty Deed

Related features

Got questions?

What deed best protects the seller?

What are the types of property ownership in NC?

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

What type of deed is most commonly used?

Which deed contains the strongest warranty?

What is the most common type of warranty deed?

What is the most common type of warranty deed?

Which deed provides the highest guarantee of title?

What are the different types of deeds in North Carolina?

What are the different types of NC deeds?

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