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What is the main purpose of a 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 are the risks of a general warranty deed?

Getting a general warranty deed is your first layer of protection against title claims. The warranty deed not only gives the grantor the legal right to sell the home but also confirms that the property has no title issues or concerns.

Where do I get my 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 does a general warranty deed allow the property owner to do?

A warranty deed offers the strongest protection. It protects the party receiving the property title in case there turns out to be any issues with the title. In a worst-case scenario, the buyer can sue the seller if they find out that the property had any liens or claims against it.