General Warranty Deed - Individual to Individual - Colorado: Fill out & sign online

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Click ‘Get Form’ to open the General Warranty Deed in the editor.
Begin by entering the date of the deed at the top of the form. This is crucial for legal documentation.
Fill in the Grantor's information, including their name and legal address. Ensure accuracy as this identifies who is transferring ownership.
Next, input the Grantee's details, mirroring the format used for the Grantor. This section specifies who will receive ownership.
In the consideration section, state the amount being exchanged for the property. This is often a nominal sum but must be included.
Describe the property being transferred, including its location and any relevant identifiers like parcel numbers.
Finally, have both parties sign and date the document. A notary public must also sign to validate this deed.

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What are the risks of a general warranty deed?

Risks and Considerations General Warranty Deed Risks: For sellers, offering a general warranty deed means you should utilize a title or closing company, so that all aspects of the title can be investigated, including the presence of liens, encumbrances, or clouds on the title.

What is the purpose of a general warranty deed?

A general warranty deed is a legal agreement that protects a property buyer from any debts held against the property theyre purchasing. If such a debt emerges after the sale, the seller, not the buyer, is financially responsible for that debt.

What are the different types of deeds in Colorado?

The four basic deed forms in Colorado are general warranty, special warranty, bargain and sale, and quitclaim. In this order, each provides a decreasing number of title warranties to the buyer.

What is the difference between a warranty deed and a special warranty deed in Colorado?

Special Warranty Deed: A Special Warranty Deed is similar to a Warranty Deed in that the seller warrants the property against any defects that arose during the sellers ownership of the property, but differs from a Warranty Deed in that the seller does not warrant against any defects that existed prior to the seller

What is a general warranty deed in Colorado?

In the General Warranty Deed, the Sellers warranty extends to defending the title against all persons who may claim an interest in the title, even if the claim arose at a prior time when the Seller was not in title to the property. Essentially, the Seller is warranting the title of all prior owners.