A New Hampshire Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions to transfer ownership of a property's surface rights from one party to another, with a limited warranty guaranteeing the granter's ownership of the property. This type of warranty deed specifically applies to the transfer of surface rights, meaning it includes the land and any improvements on it, such as buildings or structures. It does not extend to any subsurface rights, such as minerals, oil, or gas rights, unless expressly stated. The Limited Warranty aspect of this deed provides some assurance to the grantee, or the buyer, that the granter, or the seller, has the lawful title to the property and has the right to sell it. However, unlike a general warranty deed, which offers broad protection against any defects in title, a limited warranty deed only guarantees against defects that occurred during the granter's ownership. This type of deed is commonly used in New Hampshire for various real estate transactions, including the sale of residential, commercial, or vacant properties. It ensures that the buyer receives clear and marketable title to the property's surface rights, allowing them to be confident in their ownership. Different types of New Hampshire Warranty Deeds for Surface with Limited Warranty may include: 1. Residential Surface Limited Warranty Deed: Used for transferring ownership of a residential property's surface rights. It may contain specific clauses regarding the property's boundaries, any existing easements, or encumbrances. 2. Commercial Surface Limited Warranty Deed: Specifically designed for transferring ownership of commercial properties, such as office buildings, retail spaces, or industrial properties. This type of deed often includes additional provisions to address zoning regulations, environmental issues, or any unique property features. 3. Vacant Land Surface Limited Warranty Deed: Used when transferring ownership of undeveloped land. This type of deed may include specific provisions related to land use, building restrictions, or future development rights. It is important to consult with a qualified attorney or real estate professional when preparing or reviewing a New Hampshire Warranty Deed for Surface with Limited Warranty to ensure that all necessary information is included and that the document complies with the state's laws and regulations.
New Hampshire Warranty Deed for Surface with Limited Warranty
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How to fill out Warranty Deed For Surface With Limited Warranty?
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FAQ
In New Hampshire, real property can be transferred from one party to another by executing a special warranty deed. Special warranty deeds transfer fee simple title with limited covenants.
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.
Quitclaim Deed A deed used to transfer any interest in real property that the grantor may have. It contains no warranties of any kind.
The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property?if any.
Relates to the past and guarantees grantor ownership. The deed that offers a limited number of warranties is a. general warranty deed.
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.
