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Common Abbreviations/Acronyms On Property Tax Bills AbbreviationDescriptionAKAAlso known asATFAs trustee forC/OCare ofCUSTCustodian15 more rows
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.
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.
The Indiana special warranty deed form provides a limited warranty of title. With a special warranty deed, the person transferring the property guarantees that he or she has done nothing that would cause title problems, but makes no guarantees about what might have happened before he or she acquired the property.
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A Montana general warranty deed is used to legally convey real estate in Montana from one person to another. Warranty deeds are the sellers guarantee that the property is free and clear of any title defects and that he or she has the legal authority to sell the property.
With co-ownership, there is no such agency relationship. Each co-owner is only responsible for their own actions, and they do not have to act in the interests of the owned asset. As such, they may each be exposed to liability if the actions of the other co-owner were to diverge from their shared interest in the asset.
The seller or lender, also known as the grantor, and the buyer or the grantee are the two parties involved in a warranty contract.
A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.
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.

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