This form is a Special Warranty Deed where the grantor is an individual and the grantees are two individuals. Grantor conveys and specially warrants the described property to the grantees. The grantor will only warrant and will defend the property only as to claims of persons claiming by, through or under grantors, but not otherwise. This deed complies with all state statutory laws.
Pennsylvania Special Warranty Deed - Individual to Two Individuals
Category:
State:
Pennsylvania
Control #:
PA-024-78
Format:
Word;
Rich Text
Instant download
Description Special Warranty Deed Form
Free preview Warranty Deed Individuals
How to fill out Pennsylvania Special Deed?
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Special Warranty Deed Pennsylvania Other Form Names
Warranty Individual Two
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What Does A House Deed Look Like In Pa FAQ
Yes you can. This is called a transfer of equity but you will need the permission of your lender. If you are not married or in a civil partnership you may wish to consider creating a deed of trust and a living together agreement which we can explain to you.
To add a name to a house deed in Pennsylvania, a new deed is prepared. The owner can prepare his own deed or contact an attorney or document service to provide one. Using an attorney is the best route because the attorney ensures that the deed is prepared per the requirements of the state.
It is possible to be named on the title deed of a home without being on the mortgage. However, doing so assumes risks of ownership because the title is not free and clear of liens and possible other encumbrances.If a mortgage exists, it's best to work with the lender to make sure everyone on the title is protected.
Special warranties allow the transfer of property title between seller and buyer. The purchase of title insurance can mitigate the risk of prior claims to the special warranty deed.
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.
It will not protect against title issues that arose prior to the time the seller took occupancy. Consequently, it offers less protection to buyers, and more protection to sellers, than a general warranty deed, which is the most common option for selling or buying a property.
A special warranty deed to real estate offers protection to the buyer through the seller's guarantee that the title has been free and clear of encumbrances during their ownership of the property. It does not guarantee clear title beyond their ownership.
Today's question is is it possible to deed real estate to someone without them knowing it? Strictly speaking, the answer is no. Because it does not meet the acceptance element of a valid deed transfer. Us lawyers must learn to speak in elements because it governs everything that we do.
A: A "special warranty" deed is the type of deed used most frequently in Pennsylvania real estate sales. It essentially represents that the seller did nothing to weaken the status of title from the time that he/she received it.A "quit-claim" deed is a deed that contains no warranties at all.