A Partition Warranty Deed in Arkansas is a legal document used in real estate transactions that guarantees the title of a property being transferred. It provides a warranty or guarantee by the seller (granter) to the buyer (grantee) that they have the right to sell the property and that no other party has any claim, lien, or encumbrance against it. This type of deed is specifically used in cases where a property is being divided or partitioned among co-owners or joint owners. It ensures that each owner receives a specific portion of the property and provides legal protection to all parties involved. In Arkansas, there are a few different types of partition warranty deeds, including: 1. Arkansas General Warranty Deed: This document provides the broadest form of warranty and assures the buyer that the title is clear of any defects or claims, not only during the time the granter owned the property but also prior to their ownership. 2. Arkansas Special Warranty Deed: With this deed, the granter guarantees that they have not encumbered the title during their ownership, but they do not provide any assurance about defects or claims that may have existed before they acquired the property. 3. Arkansas Quit Claim Deed: While not a partition warranty deed, it is worth mentioning. This deed is used when a granter transfers their interest in a property without providing any warranties or guarantees. It is often used in situations where a property is being transferred between family members or in divorce cases. In conclusion, an Arkansas Partition Warranty Deed is a legally binding document that guarantees the title of a property being partitioned among co-owners. It provides assurance to buyers that the property being transferred is free from any claims, liens, or encumbrances. The different types of partition warranty deeds in Arkansas include General Warranty Deed, Special Warranty Deed, and Quit Claim Deed.
Arkansas Partition Warranty Deed
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How to fill out Arkansas Partition Warranty Deed?
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