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The General Warranty Deed A general warranty deed provides the highest level of protection for the buyer because it includes docHub covenants or warranties conveyed by the grantor to the grantee.
The transfer process can take up to 3 months. There are different phases involved in the transfer of a property. These phases are: Instruction: a conveyancer receives the instruction to transfer the property.
The recording charge is set by the county and we charge a administative fee. For counties from Erie, Elk, Franklin and Centre to Bucks, Berks, and Butler, the charge for a deed transfer across Pennsylvania is $700, with the sole exception of Philadelphia, which is $800.
The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.
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by Practical Law Real Estate. A deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.
All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registrys AP1 form, and if the value of the transaction amounts to more than 40,000, then a stamp duty land tax certificate may also be required.
According to , a general warranty deed guarantees that: The grantor legally owns the property and has the legal right to transfer it. There are no outstanding mortgages, liens or other claims against the property by any creditor.
All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registrys AP1 form, and if the value of the transaction amounts to more than 40,000, then a stamp duty land tax certificate may also be required.
You can get a copy of your deed or mortgage release/satisfaction from the Recorders office, and our staff can help you with your search. However, we cannot conduct searches for you. Companies may contact you and offer to send a copy of your deed for $60 or more.

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