Delete Pages From Legal Indiana Warranty Forms For Free

A special warranty deed or limited warranty deed only guarantees that no title problems occurred during the time the seller has owned the property. That means the previous owner can't be held accountable for creditors' liens or other issues that occurred before they took possession of the home.

An Indiana general warranty deed is a type of deed with which a seller provides a warranty or guarantee that the property he or she is selling is free from other claims. In other words, the deed guarantees that if someone else claims ownership of all or part of the property, the seller will defend the buyer.

An Indiana special warranty deed is similar to a warranty deed in that it guarantees a seller has a title to sell to a buyer, though it only provides a limited guarantee.

To be valid, each Indiana warranty deed form must meet the requirements of Indiana law. These requirements include valid legal description, statement of consideration, and a description of the manner in which co-owners will hold title, font size and page format requirements, and signature and notarization requirements.

A warranty deed makes a promise to the buyer that the seller has good title to the property. A quitclaim deed, on the other hand, makes no promises. A quitclaim deed just says; whatever interest I have in this property, I give to you.

Most deeds require the name of the grantor who is the current owner; the grantee (the new owner) as well as the legal property description. The deed must be in writing, notarized and signed by the grantor. All deeds should be recorded with the county where the property is located.