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Alabama General Warranty Deed Form

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The document is an Alabama General Warranty Deed, which serves as a legal instrument for the transfer of real estate from a grantor to a grantee. It includes sections for the names and addresses of both parties, a description of the property being transferred, and assurances from the grantor regarding the property's title and freedom from encumbrances. The deed requires signatures from the grantors, witnesses, and a notary public to validate the transaction.

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How do I get a warranty deed in Alabama?

Alabama Warranty Deed Overview The execution of a warranty deed must be attested by at least one witness or, if the party cannot write, by two witnesses who are able to write (35-4-20). A proper acknowledgement will satisfy the witness requirements listed in 35-4-20.

How much does a warranty deed cost?

A warranty deed costs around $500, which involves expenses associated with a document that transfers property ownership from a seller to a buyer in the US. This cost involves costs for preparing, drafting, notarizing, and recording the warranty deed as well as other related legal and administrative fees.

Who prepares a general warranty deed?

Who Prepares a Warranty Deed? As a buyer, the grantee, you can hire a real estate lawyer to help you get a warranty deed. However, as a seller, the grantor, you can simply use an online warranty deed template. A warranty deed is generally obtainable through the office of a real estate agent or using an online template.

Can I file a warranty deed myself?

As a property owner and grantor, you can obtain a warranty deed for the transfer of real estate through a local realtors office, or with an online search for a template. To make the form legally binding, you must sign it in front of a notary public.

Does a warranty deed mean you own the property?

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.

How do I make a general warranty deed?

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.

Can you prepare your own deed in Alabama?

All legal documents must be drafted by an attorney licensed to practice in the State of Alabama. Parties to a transaction can draft their own documents if they are doing so on behalf of themselves. Title Opinions must be rendered by an attorney licensed to practice in the State of Alabama.

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.

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