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A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property. Most lenders require a warranty deed for properties they finance. The seller of a property is known as the grantor and the buyer is referred to as the grantee.
It is necessary to use a warranty deed to secure the grantees legal ownership and claim to the property. Warranty deeds and quitclaim deeds are often used in conjunction with one another.
An Arkansas warranty deedsometimes called a general warranty deedtransfers real estate with complete warranty of title. The current owner guarantees a good, clear title, and the guarantee covers the propertys entire chain of title.
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 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.
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The Alabama warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.
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.
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.
Submit the form electronically via the Wisconsin Department of Revenue website. All conveyances require a completed form or an exemption stated on the face of the deed. Find a list of exempt documents at 77.25. As with any conveyance of realty, a warranty deed requires a complete legal description of the parcel.
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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