Statutory Warranty Deed - Maine 2025

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  1. Click ‘Get Form’ to open the Statutory Warranty Deed - Maine in the editor.
  2. Begin by entering the names of the grantors in the designated fields. Ensure that both parties are clearly identified as joint tenants.
  3. Next, input the valuable consideration amount in the appropriate section. This is crucial for legal validity.
  4. Fill in the mailing address for each grantor to ensure proper communication regarding the deed.
  5. Describe the real property being transferred, including its address and any relevant details about its location.
  6. Have all parties sign and date the document where indicated, ensuring that witness signatures are also obtained as required.
  7. Finally, complete the notary acknowledgment section by having a notary public verify and sign your document.

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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.
Special warranty deeds are common in commercial transactions and certain residential sales like foreclosures or bank-owned properties. General warranty deeds offer more comprehensive protection by covering the entire history of the propertys title until the time of sale.
A statutory warranty deed is a short-form deed that includes the promises of a long-form general warranty deed. It guarantees the grantor holds and is transferring full and legal title to the property. Using either a statutory or general warranty deed provides the most protection to the buyer of the property.
A statutory warranty deed is different from a warranty deed because it is a shorter form made available through your states statutes and it may not outright list the promise that the title is guaranteed to be clear. Instead, because it is a statutory form, this guarantee is implied and is still legally enforceable.
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.
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