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What is the most commonly used deed?

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantors ownership and a legal right to sell.

What is a warranty deed?

by Practical Law Real Estate. A deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.

What is a special warranty deed in Maine?

A Maine special warranty deed is similar to a warranty deed in that it provides a warranty from a seller to a buyer, but unlike a warranty deed, only guarantees that the seller did not convey any interest to another during the time that the seller owned the property.

What is the highest quality deed?

The General Warranty Deed A general warranty deed provides the highest level of protection for the buyer because it includes docHub covenants or warranties conveyed by the grantor to the grantee.

What is the best deed in real estate?

General warranty deed Its the type of deed that offers the most buyer protection. When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims.

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