Download As Text Legal Washington Contract For Deed Forms For Free

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. Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.

Bargain and Sale Deed This type of deed is similar to a warranty deed, however only makes guarantees to the buyer regarding the period of time the seller owned the property. This type of title makes no guarantees regarding liens or encumbrances that may exist prior to the time the seller acquired the property.

Quitclaim deeds are most often used when there is no sale?to transfer property between friends, partners, or family members, or between owners and their LLCs. A person might also sign a quitclaim to clear up a title ambiguity. Bargain and sale deeds, as the term suggests, is used in a sale.

When adding someone to a title, or changing names on a title, people will generally record a conveyance document/deed. You can get blank legal documents at a stationery or office supply store. It needs to be completed and notarized. The Recorder's Office cannot help with filling out your deed.

A bargain and sale deed indicates that only the seller of a property holds the title and has the right to transfer ownership. This type of deed offers no guarantees for the buyer against liens or other claims to the property, so the buyer could be responsible for these issues if they turn up.

A Washington bargain and sale deed form is specifically authorized by RCW 64.04. 040. Under that statute, a grantor who signs as bargain and sale deed makes these guarantees: That the grantor owns the property free and clear of all ?encumbrances? (mortgages, liens, etc.)