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A warranty deed under Pennsylvania law used to convey title and the grantors interests in the real property subject to either general or limited warranties. This Standard Document has integrated notes with important explanations and drafting tips.
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.
Yes you can. This is called a transfer of equity but you will need the permission of your lender.
Pennsylvania Deed Requirements A deed must be in writing, state the name of the current owner, include the legal description for the real estate being transferred and state the name of the new owner.
A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

People also ask

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.
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.
The recording charge is set by the county and we charge a administative fee. For counties from Erie, Elk, Franklin and Centre to Bucks, Berks, and Butler, the charge for a deed transfer across Pennsylvania is $700, with the sole exception of Philadelphia, which is $800.
Although a deed does not have to be recorded to be valid, it must be recorded for the following reasons: Provide Constructive Notice: Constructive notice is a public declaration of who the legal owner of a property is. Priority of Recording: Pennsylvania is a race notice state.
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.

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