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Covenant of Warranty ? The covenant of warranty is a covenant wherein the seller agrees to defend on behalf of the buyer any lawful or reasonable claims of title by a third party, and to compensate the buyer for any loss sustained by the claim of superior title.
Unlike other states, a New Hampshire deed needn't specify the purchase price, but must include the names of the grantor and grantee, the grantee's mailing address, a description of the land or interest being conveyed, and the grantor's notarized signature.
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.
A warranty deed is one in which the grantor warrants and agrees to defend the title against the claims and demands of all persons, whether such claims or demands arose during the seller's ownership or the ownership of prior titleholders. In New Hampshire, a warranty deed is governed by RSA 4.
The only way to change, add or remove a name on a deed is to have a new deed drawn up. Once a document is recorded, it can not be changed. To show any change in ownership of property, you need to have a new deed drawn up.
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.
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
Reviewed by Susan Chai, Esq. A quitclaim deed allows you to transfer property ownership without making any warranties ? legally enforceable promises ? about the title and whether there are any claims or liens against the property.