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What is a general warranty deed in North Carolina?

A General Warranty Deed is a deed in which the party conveying the property (the \u201cGrantor\u201d) warrants and guarantees to the party receiving the conveyance (the \u201cGrantee\u201d) that the title to the property he is conveying is good and unencumbered as against all persons.

Why would someone do a quit claim deed?

A quitclaim deed is also used to clear up title to property, if there is an issue with someone else possibly having an ownership right in the property, he or she can be asked to sign a quitclaim to make sure the new owner has complete title.

What may be a reason that a special warranty deed is being issued for this transaction?

A special warranty deed provides assurance that the property's seller owns the property in question and has not faced any title issues during this ownership. A special warranty deed guarantees that the buyer won't face any legal action or title issues as a result of the actions of the property's previous owner.

Can I prepare my own deed in NC?

Can I prepare my own deed and have it recorded? North Carolina law allows you to prepare a Deed of Conveyance for any real property to which you have legal title. However, the conveyance of real property is a legal matter that should be given under and with the advise of legal counsel.

What is a general warranty deed in SC?

A South Carolina general warranty deed\u2014or just warranty deed\u2014transfers real estate with complete warranty of title. The current owner guarantees a valid title with no defects\u2014regardless of when a defect arose\u2014and bears all risk of unknown title problems emerging in the future.

Does a deed have to be notarized in NC?

Does an instrument need to be notarized before it can be recorded? Almost all instruments presented for recordation first must be acknowledged (notarized) before the Register of Deeds can record the instrument. Notary Publics are authorized by North Carolina law to perform this duty.

Can I prepare my own deed in NC?

Can I prepare my own deed and have it recorded? North Carolina law allows you to prepare a Deed of Conveyance for any real property to which you have legal title. However, the conveyance of real property is a legal matter that should be given under and with the advise of legal counsel.

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

A special warranty deed typically includes the same protections given in a general warranty deed, but in a special warranty deed these protections only exist for defects in the title that are a result of actions of your seller, or arose during the possession of your seller.

What is a special warranty deed in North Carolina?

A North Carolina special warranty deed is used to convey property from a grantor (seller) to a grantee (buyer) with a limited guarantee that there are no liens or encumbrances on the title during the grantor's ownership. Although, the deed does not guarantee clean title from past owners.

What is the best warranty deed?

The General Warranty Deed A general warranty deed provides the highest level of protection for the buyer because it includes significant covenants or warranties conveyed by the grantor to the grantee.

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What is a general warranty deed in North Carolina?

Why would someone do a quit claim deed?

What may be a reason that a special warranty deed is being issued for this transaction?

Can I prepare my own deed in NC?

What is a general warranty deed in SC?

People also ask

Does a deed have to be notarized in NC?

Can I prepare my own deed in NC?

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

What is a special warranty deed in North Carolina?

What is the best warranty deed?

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Get the up-to-date nc general warranty deed 2024 now

Here's how it works

The best way to modify Nc general warranty deed in PDF format online

Complete this form in 5 minutes or less

Got questions?

What is a general warranty deed in North Carolina?

Why would someone do a quit claim deed?

What may be a reason that a special warranty deed is being issued for this transaction?

Can I prepare my own deed in NC?

What is a general warranty deed in SC?

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People also ask

Does a deed have to be notarized in NC?

Can I prepare my own deed in NC?

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

What is a special warranty deed in North Carolina?

What is the best warranty deed?

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