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Warranty Deed If a deed is intended to be a general warranty deed, it should contain a phase specified by state law such as the phrase conveys and warrants. These words, called operative words of conveyance, carry with them several warranties which the grantor is making to the grantee.
For example, a quitclaim deed would be used for a name change on a warranty deed, such as to add a new spouse or a child to the title, or to remove the name of a spouse following a divorce. A quitclaim deed also can be used to correct mistakes.
A warranty deed is a document used in real estate to certify that a property is owned free and clear. This means that the owner is rightfully clear of any liens, mortgages, or any other types of claims. In other words, a warranty deed form is used to prove ownership.
What are the pros and cons of a warranty deed? Warranty deeds protect the buyer by guaranteeing a clear title and give the current owner the legal right to sell the house. For sellers, warranty deeds can delay the home selling process and come at an extra cost.
The seller offers the greatest level of buyer protection with a general warranty deed through six specific warranties. The seller promises that he/she owns the property and has the legal right to sell it.

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A Special Warranty Deed, also known as a Limited Warranty Deed, offers less protection than a General Warranty Deed. The seller only guarantees that they have done nothing during their ownership to encumber the property. It does not cover any issues that may have arisen before they took ownership.
0:09 1:46 A deed is a legal document that transfers ownership of real property. A will on the other hand is aMoreA deed is a legal document that transfers ownership of real property. A will on the other hand is a legal declaration of a persons wishes regarding their assets.

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