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General Warranty Deed ? The General Warranty deed is often referred to simply as a warranty deed. It is a deed conveying title where the seller (grantor) makes six covenants or promises to the buyer (grantee) as part of the conveyance.
The only way to add or remove a name on a deed is to have a new deed recorded. Once a document is recorded, it cannot be altered. In order to protect your legal interests, we strongly suggest that you contact an attorney to have this done for you.
Names(s) of each signer (individuals, corporations, trusts etc.) must be printed beneath signature line. Notary/attorney name (or bar number for attorney) must be printed beneath signature line. Deeds must be accompanied by a declaration of value form (transfer tax form) and transfer tax, if tax is due.
Correction Deed for Real Estate Located in Maine This document does not convey title; instead, it confirms the prior conveyance of the property. Apart from supplying the correct information, the new deed must state the reason for correcting and reference the prior deed by title, date, and recording number.
There are up to six express covenants that may be found in a deed: the covenant of seisin, the covenant of the right to convey, the covenant against encumbrances, the covenant of quiet enjoyment, the covenant of general warranty, and the covenant of further assurances.
Maine Deed Form Maine Quitclaim Deed Form. Maine Quitclaim Deed With Covenant Form. Maine Warranty Deed Form. Maine Life Estate Deed Form. Maine Transfer on Death Deed Form.
Quitclaim or Warranty Deed: Prepare deed and record in the registry of deeds: $350 (does not include county recording fees, or transfer tax (if applicable).
Key Takeaways. 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.