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A Warranty Deed is the strongest deed and warrants to the Grantee: That the Grantor has not previously conveyed the estate or any interest therein to anyone except the Grantee; and. The estate is free from encumbrances.
Does a quitclaim deed have to be docHubd in Arkansas?
This deed must be signed, docHubd, and recorded in the county where the property is located. Some counties have more than one recording office, so you need to be sure this deed is being recorded in the correct recording office. Must list the name and address of the person who prepared this deed.
What is another name given to a special warranty deed?
Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.
What are the different types of deeds in Arkansas?
There are three main types of deeds for transferring Arkansas real estate during the owners life. The three Arkansas deed formsquitclaim deeds, special warranty deeds, and warranty deedsdiffer in the warranty of title (if any) the new owner receives.
What are the most common deeds?
What are the Three Most Common Types of Deeds? General Warranty Deed. Special Warranty Deed. Quitclaim Deed.
Related Searches
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Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract - North Carolina
When transferring property, a seller (often called the grantor), writes out a deed, transferring property to the buyer (often called the grantee). The deed is then recorded with the recorder in the county in which the property is located.
What may be a reason that a special warranty deed is being issued for this transaction?
A special warranty deed provides assurance that the propertys seller owns the property in question and has not faced any title issues during this ownership. A special warranty deed guarantees that the buyer wont face any legal action or title issues as a result of the actions of the propertys previous owner.
How many types of title deeds are there?
15 Types of Legal Deeds in India.
How long is a quitclaim deed good for in Arkansas?
In most states, there is a period of two years following the deeds filing date during which the quitclaim deed can be contested. If either the grantor or grantee wants to challenge the validity of the quitclaim deed, the challenge must be made during this time period.
How does a quit claim deed work in Arkansas?
An Arkansas quitclaim deed is a form that is used to transfer property from a seller to a purchaser without any warranty on the title. This type of deed only transfers the interest that the seller owns which may be no interest at all or clear title to the property.
Related links
Real Estate | Department of Finance and Administration
The Real Property Transfer Tax is levied on each deed, instrument, or writing by which any lands, tenements, or other realty sold shall be granted, assigned,
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