Georgia Warranty Deed for Surface with Limited Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-320
• Format: Word; Rich Text

Description

This form of deed conveys the surface estate in existing lands pursuant to a contract of sale. A Georgia Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions in the state of Georgia. This type of deed is executed by the granter (seller) to transfer the surface rights of a property to the grantee (buyer), with a limited warranty guaranteeing certain protections and assurances. The limited warranty aspect of this deed means that the granter only guarantees specific assurances regarding the property's title during their ownership, but does not provide any guarantees of any issues that may have occurred prior to their ownership. This differs from a general warranty deed, which offers a more comprehensive level of protection for the grantee. The purpose of a Georgia Warranty Deed for Surface with Limited Warranty is to transfer ownership of the surface rights of a property from the granter to the grantee. It provides details about the property being transferred, including its legal description, any restrictions or encumbrances that might be in place, and the agreed-upon purchase price. In Georgia, there are various types of Warranty Deeds for Surface with Limited Warranty that may be used, depending on specific circumstances: 1. Statutory Warranty Deed: This is the most common type of Georgia Warranty Deed for Surface with Limited Warranty. It guarantees that the granter holds clear title to the property, except for any restrictions or encumbrances that are explicitly stated in the deed. 2. Special Warranty Deed: This type of warranty deed provides limited assurances regarding the quality of title, specifically stating that the granter warrants against any claims or encumbrances that arose during their ownership of the property. It does not cover issues that occurred prior to their ownership. 3. Quitclaim Deed: While not considered a warranty deed, a quitclaim deed is another type of deed that may be used to transfer surface rights in Georgia. However, it does not offer any warranties or guarantees of the granter's ownership or the property's title. It simply transfers whatever interest the granter may have, if any, to the grantee. In conclusion, a Georgia Warranty Deed for Surface with Limited Warranty is a legal document used to transfer the surface rights of a property in Georgia. It provides limited assurances regarding the quality of title, guaranteeing only certain protections and assurances during the granter's ownership. The specific type of warranty deed used may vary depending on the circumstances, including the level of protection desired or any restrictions or encumbrances on the property.

A Georgia Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions in the state of Georgia. This type of deed is executed by the granter (seller) to transfer the surface rights of a property to the grantee (buyer), with a limited warranty guaranteeing certain protections and assurances. The limited warranty aspect of this deed means that the granter only guarantees specific assurances regarding the property's title during their ownership, but does not provide any guarantees of any issues that may have occurred prior to their ownership. This differs from a general warranty deed, which offers a more comprehensive level of protection for the grantee. The purpose of a Georgia Warranty Deed for Surface with Limited Warranty is to transfer ownership of the surface rights of a property from the granter to the grantee. It provides details about the property being transferred, including its legal description, any restrictions or encumbrances that might be in place, and the agreed-upon purchase price. In Georgia, there are various types of Warranty Deeds for Surface with Limited Warranty that may be used, depending on specific circumstances: 1. Statutory Warranty Deed: This is the most common type of Georgia Warranty Deed for Surface with Limited Warranty. It guarantees that the granter holds clear title to the property, except for any restrictions or encumbrances that are explicitly stated in the deed. 2. Special Warranty Deed: This type of warranty deed provides limited assurances regarding the quality of title, specifically stating that the granter warrants against any claims or encumbrances that arose during their ownership of the property. It does not cover issues that occurred prior to their ownership. 3. Quitclaim Deed: While not considered a warranty deed, a quitclaim deed is another type of deed that may be used to transfer surface rights in Georgia. However, it does not offer any warranties or guarantees of the granter's ownership or the property's title. It simply transfers whatever interest the granter may have, if any, to the grantee. In conclusion, a Georgia Warranty Deed for Surface with Limited Warranty is a legal document used to transfer the surface rights of a property in Georgia. It provides limited assurances regarding the quality of title, guaranteeing only certain protections and assurances during the granter's ownership. The specific type of warranty deed used may vary depending on the circumstances, including the level of protection desired or any restrictions or encumbrances on the property.