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Special warranty deed form

Special Warranty Deed - New Jersey 2026

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The document is a Special Warranty Deed form for property transfer between corporations in New Jersey. It includes instructions for completing and filing the form, a disclaimer regarding its legal use, and sections for detailing the grantor and grantee information, property description, and signatures. The form emphasizes the need for a Statement of True Consideration if applicable and provides guidance on using digital form fields.

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Click ‘Get Form’ to open the Special Warranty Deed in the editor.
Begin by filling in the date at the top of the form. This is crucial as it marks when the deed is executed.
In the 'Grantor' section, enter the name and mailing address of the corporation transferring ownership. Ensure accuracy for legal purposes.
Next, complete the 'Grantee' section with the name and address of the receiving corporation.
Specify the transfer amount in dollars in the designated field, confirming receipt of this sum by the Grantor.
Fill out the Tax Map Reference details, including municipality, block number, and lot number if applicable.
Provide a legal description of the property being transferred. If necessary, attach Exhibit A for detailed information.
Finally, ensure that all signatures are completed by authorized corporate officers and notarized as required.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Why would someone get a special warranty deed?

A special warranty deed is common when a house has been foreclosed on by a bank because the previous owner did not pay their mortgage. The bank forecloses on the property and then sells it to a new buyer.

Can I sell my house with a special warranty deed?

You can sell as a warranty deed but this means you are warranting clean title and the buyer can come back to you, you should only provide a warranty deed if theres a title company/title insurance being purchased.

What are the limitations of a special warranty deed?

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.

Is a warranty deed proof of ownership?

No, a warranty deed does not prove ownership. A title search is the best way to prove that a grantor rightfully owns a property. The warranty deed is a legal document that offers the buyer protection. In other words, the property title and warranty deed work in tandem together.

Should I buy a house with a special warranty deed?

Buying a house with a special warranty deed can be a viable option, but its essential to understand the implications and the steps to take to protect your interests. This type of deed provides limited protection, covering only the period when the seller owned the property.

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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.

Is a special warranty deed proof of ownership?

In reality, a warranty deed does not directly prove ownership but guarantees that the property is free of liens and that the seller has the legal right to sell the property. This guarantee provides a significant level of protection for the buyer, facilitating a smooth and secure transfer of property ownership.