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Warranty Deed from Six Individuals (multiple jurisdictions) to One Individual - North Dakota

Warranty Deed from Six Individuals (multiple jurisdictions) to One Individual - North Dakota 2025

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The document is a North Dakota Warranty Deed form designed for the transfer of real property from multiple grantors to a single grantee. It includes instructions for completing the form, legal requirements regarding statements of full consideration, exemptions from these requirements, and disclaimers about the use of the forms. The document emphasizes the necessity of certifying full consideration paid for the property and outlines penalties for falsification. Additionally, it provides sections for signatures and notary acknowledgments.

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What are the two types of warranty deeds?

There are two main types of Warranty Deeds General Warranty Deeds and Special Warranty Deeds.

What is the main difference between a general warranty deed and a quitclaim deed?

A special warranty deed is a type of real estate deed used to transfer property ownership from one person to another. By using this particular deed, the seller is guaranteeing to the buyer that there are no defects or problems with the property title during the time that they owned the property.

How many covenants are there in a warranty deed?

General Warranty Deed The General Warranty deed is often referred to simply as a warranty deed. It is a deed conveying title where the seller (grantor) makes six covenants or promises to the buyer (grantee) as part of the conveyance.

What are the different types of warranty deeds?

Its also important to point out that there are three types of warranty deeds that offer different levels of protection to the buyer and risk to the seller. These types of deeds are general warranty deeds, statutory warranty deeds and special warranty deeds.

What is the difference between a statutory warranty deed and a special warranty deed?

The key distinctions include: Interest transferred A quitclaim deed conveys only the grantors current ownership share, which may be incomplete. A warranty deed transfers the property in its entirety. Warranties and protection Quitclaim deeds provide zero warranties or protection for the grantee.

What are the disadvantages of a special warranty deed?

The main disadvantages include limited protection for buyers, who may inherit claims or issues from before the sellers ownership. Buyers must investigate the propertys history, which could lead to unexpected costs or unresolved liens.

What is a warranty deed in North Dakota?

A North Dakota warranty deed is a conveyance instrument through which property rights are transferred to a buyer (the grantee) with a general warranty of title issued by the property seller/owner (the grantor).

Warranty Deed from Six Individuals (multiple jurisdictions) to One Individual - North Dakota 2025

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What are the two types of warranty deeds?

What is the main difference between a general warranty deed and a quitclaim deed?

How many covenants are there in a warranty deed?

What are the different types of warranty deeds?

What is the difference between a statutory warranty deed and a special warranty deed?

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What are the disadvantages of a special warranty deed?

What is a warranty deed in North Dakota?

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Warranty Deed from Six Individuals (multiple jurisdictions) to One Individual - North Dakota 2025

Here's how it works

How to quickly redact Warranty Deed from Six Individuals (multiple jurisdictions) to One Individual - North Dakota online

Complete this form in 5 minutes or less

Got questions?

What are the two types of warranty deeds?

What is the main difference between a general warranty deed and a quitclaim deed?

How many covenants are there in a warranty deed?

What are the different types of warranty deeds?

What is the difference between a statutory warranty deed and a special warranty deed?

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What are the disadvantages of a special warranty deed?

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