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Although Missouri does not require any specific words in a deed, most conveyances use a general warranty deed. A general warranty deed typically conveys an indefeasible estate in fee simple. Typically, a deed containing the words grant, bargain and sell is construed to be a general warranty deed ( 442.420, RSMo).
What are the disadvantages of a warranty deed?
Risk for the Buyer: The most significant disadvantage of Limited Warranty Deeds, especially under Missouri law, is their risk to the buyer. Since this type of deed only warrants against title defects arising during the grantors period of ownership, any issues from before this period become the buyers responsibility.
How do you get a copy of your warranty deed?
0:18 1:17 Its important to note that there may be a fee associated with obtaining a copy of your propertyMoreIts important to note that there may be a fee associated with obtaining a copy of your property deed. So be sure to check with your county recorders office for more. Information.
What is a Missouri warranty deed?
A Warranty Deed is an instrument by which the buyer obtains title to the piece of property being sold. A deed can come in many forms. The most common source of passing title is the Warranty Deed. The seller warrants that he has not encumbered the title and guarantees that his predecessors have not encumbered the title.
How to file a warranty deed in Missouri?
How to Create a Missouri Warranty Deed Form The current owners name and marital status; The new owners name and address; A valid legal description of the property; A granting clause transferring title to the new owner; and. The current owners notarized signature.
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How do I fill out a warranty deed form?
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
What does a warranty deed look like for a house?
The warranty deed should include all the important details surrounding the real estate transaction (names of people involved, appropriate signatures, description of the property, etc.).
Related links
General Warranty Deed
GENERAL WARRANTY DEED [if entity: a ], party of the first part (Grantor), and The Curators of the University of Missouri, a Missouri
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