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Click ‘Get Form’ to open the Warranty Deed in the editor.
Begin by filling in the names of the Grantors (Husband and Wife) at the top of the form. Ensure that both names are clearly printed.
Next, enter the name of the Grantee (the Corporation) along with its state of incorporation. This is crucial for legal identification.
In the section labeled 'Legal Description', attach a detailed description of the property being conveyed. If you have an Exhibit A, ensure it is referenced correctly.
Fill in any prior instrument references, including Book, Page, and Document numbers as applicable.
Complete the signature section where both Grantors must sign and print their names. This validates your agreement.
Finally, arrange for a Notary Public to witness and notarize your signatures, ensuring all legal requirements are met.
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An Idaho general warranty deed records a transfer of real estate with a guarantee that the transferor holds a clean title without any unresolved third-party claims. Because this deed provides the strongest assurance of a marketable title, it is the most commonly used transfer instrument in residential property sales.
What are the disadvantages of a warranty deed?
A Warranty Deed can protect the seller from legal implications if disputes arise after the transaction. The grantor assures the grantee they are responsible for past discrepancies, thus protecting the buyers interests.
Does a warranty deed give you ownership?
Special Warranty Deed Risks: The limited protection may expose buyers to title issues that arose before the sellers ownership period. This can be risky, especially for older properties or those with a complicated title history.
Why would someone have a warranty deed?
No, a warranty deed does not prove ownership. A title search is the best way to prove that a grantor rightfully owns a property. The warranty deed is a legal document that offers the buyer protection. In other words, the property title and warranty deed work in tandem together.
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FOR VALUE RECEIVED, JESS R. TAYLOP and DOROTHY M. TAYLOP, husband and wife, the GRANTOPS, do hereby Grant, Bargain, Sell and Convey unto the REGENTS OF THE
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