US Legal Forms
Authority to Release of Deed of Trust

Warranty Deed Vs Quit Claim Deed For House In Wake

Category:

Real Estate - Mortgages and Deeds of Trust

State:

Multi-State

County:

Wake

Control #:

US-00186

Format:

Instant download

Description

This form is an Authority to Release. The county clerk is authorized and requested to release from a deed of trust a parcel of land to the executor of the estate. The form must be signed in the presence of a notary public.

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A warranty deed and a quit claim deed are both legal documents that can be used to transfer ownership of real property. Warranty deeds are the safer option when buying property versus simply transferring ownership.Most buyers will want this option. Where quitclaim deeds provide limited security, warranty deeds offer full legal protection to grantees – or buyers – after a property changes hands. Definitions of Commonly Recorded Documents ; QUITCLAIM DEED, A deed of conveyance intended to pass partial title or interest in property. A warranty deed can be used for most property transfers. A quitclaim deed can transfer ownership to a specific, trusted person. The most common types of deeds are the General Warranty Deed, the Special Warranty Deed, and the NonWarranty Deed (also known as the Quit Claim Deed). 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.

Warranty Deed Vs Quit Claim Deed For House In Wake

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