Add Branding To Legal Oklahoma Real Estate Closings Forms For Free

In addition to any other penalties provided by law, any person unlicensed pursuant to The Oklahoma Real Estate License Code who shall willingly and knowingly violate any provision of this Code, upon conviction, shall be guilty of a misdemeanor punishable by a fine of not more than One Thousand Dollars ($1,000.00), or ...

Deeds are required to list the seller (grantor) and the buyer (grantee), legal description of the property, and a notary acknowledgment. There are different types of deeds depending on the purpose and use of the document. A general warranty and special warranty include a warranty of the grantor to the grantee.

General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.

Simply, a deed is a written instrument that includes a legally enforceable promise to do something. These documents are commonly used to transfer real property ownership between individuals. There are three main types of deeds namely general warranty deeds, special warranty deeds, and quitclaim deeds.

Oklahoma recognizes several deed types, each providing different levels of title protection to the grantee. There are general warranty deeds (full protection), special warranty deeds (limited protection), and quit claim deeds (no protection).

What Is the Strongest Type of Deed? For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While it's the best deed for the grantee, it gives the grantor the most liability.