Alabama Warranty Deed for Fiduciary

State:
Alabama
Control #:
AL-SDEED-6
Format:
Word; 
PDF; 
Rich Text
Instant download

Description What Is A Warranty Deed In Alabama

This form is a Warranty Deed where the grantor may be an executor of a will, trustee, guardian, or conservator.

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Alabama Warranty Document Other Form Names

Al Deed Contract   Alabama Deed Real   Alabama Fiduciary Application   Al Fiduciary Purchase   Warranty Deed Real   Alabama Warranty Fiduciary   Deed Fiduciary Real  

Alabama Warranty Fill FAQ

Fiduciary deeds are just one of several types of deeds used in property transfers. This type is used to transfer property such as real estate when the owner can't sign a deed for legal or other reasons. Fiduciary deeds are commonly employed when settling estates and the original owner of the property is deceased.

The Alabama warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

Alabama does not allow real estate to be transferred with transfer-on-death deeds.

Find the most recent deed to the property. Create the new deed. Sign and notarize the deed. Record the signed, notarized original deed with the Office of the Judge of Probate.

A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.

A fiduciary deed does not contain the same warranties as a warranty or grant deed. Often it only warranties that the fiduciary acts in an appointed capacity and that signing the deed falls within the authority given him.

The Alabama statutory warranty deed form provides a limited warranty of title. With a statutory warranty deed, the person transferring the property guarantees that he or she has done nothing that would cause title problems, but makes no guarantees about what might have happened before he or she acquired the property.

Key Takeaways. A property deed is a legal document that transfers the ownership of real estate from a seller to a buyer.General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law

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Alabama Warranty Deed for Fiduciary