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What is a warranty deed in Colorado?

A Colorado special warranty deed is a recorded instrument that transfers real estate with limited warranty of title. A warranty of title is an enforceable promise from the property's current owner\u2014the grantor\u2014to the new owner\u2014the grantee\u2014that the property's title is free of defects.

What is a limited warranty deed in Arkansas?

In this situation, a Limited Warranty Deed is very similar to a quitclaim deed and only transfers any interest the State of Arkansas held in the property. The Commissioner does not guarantee usability, accessibility, or existence of the property nor can it guarantee or warrant a clear title to the property.

What is a warranty deed in Oklahoma?

An Oklahoma general warranty deed is a written, signed instrument for legally transferring title to Oklahoma real estate. 1. A general warranty deed\u2014or just warranty deed in the Oklahoma statute\u2014is distinct from other Oklahoma deed forms because it transfers real estate with complete warranty of title.

What is the warranty clause in a deed?

A warranty deed protects the buyer and ensures that the seller holds a free and clear title to a property without any outstanding liens or mortgages. A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property.

How much does it cost to transfer a deed in Oklahoma?

In Oklahoma, the documentary stamps are $0.75 per $500 (or 0.15%) of the sales price of the property. For median value homes in Oklahoma worth $123,700, the transfer tax would be $185.55. The documentary stamps are affixed to the deed when it is recorded.

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