Pennsylvania Warranty Deed for Surface with Limited Warranty

State:
Multi-State
Control #:
US-OG-320
Format:
Word; 
Rich Text
Instant download

Description

This form of deed conveys the surface estate in existing lands pursuant to a contract of sale. A Pennsylvania Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions to transfer ownership of a property with certain assurances. In this type of deed, the granter guarantees that they are the legal owner of the property and have the right to sell it. A Pennsylvania Warranty Deed for Surface with Limited Warranty provides a limited guarantee to the grantee (buyer) that the property is free from any defects or encumbrances that occurred during the granter's ownership. However, it does not provide protection against any issues that may have existed prior to the granter's ownership. This type of deed is commonly used in situations where the granter acquired the property through a limited warranty deed or was not the original owner of the property. It is also relevant when the granter wants to limit their liability and provide a lesser level of assurance to the grantee. The limited warranty in this type of deed is typically specific to the surface of the property, excluding any mineral or subsurface rights. If the granter wishes to transfer the mineral or subsurface rights along with the surface rights, a separate deed may be required. Different types of Pennsylvania Warranty Deeds for Surface with Limited Warranty can include variations based on specific circumstances or agreements between the parties involved. For example, there may be variations depending on whether the property is residential, commercial, or agricultural. Each type of deed may contain provisions specific to the related property use, such as zoning permissions or restrictions. It is important for both the granter and grantee to thoroughly review the Pennsylvania Warranty Deed for Surface with Limited Warranty and consult with a knowledgeable attorney or real estate professional to ensure that all relevant terms and conditions are included and understood. In summary, a Pennsylvania Warranty Deed for Surface with Limited Warranty is a legal document used to transfer ownership of a property with a limited guarantee. It may be used in various real estate transactions and can have specific variations depending on the circumstances or type of property involved. Consulting a legal professional is crucial to ensure accuracy and compliance with relevant laws.

A Pennsylvania Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions to transfer ownership of a property with certain assurances. In this type of deed, the granter guarantees that they are the legal owner of the property and have the right to sell it. A Pennsylvania Warranty Deed for Surface with Limited Warranty provides a limited guarantee to the grantee (buyer) that the property is free from any defects or encumbrances that occurred during the granter's ownership. However, it does not provide protection against any issues that may have existed prior to the granter's ownership. This type of deed is commonly used in situations where the granter acquired the property through a limited warranty deed or was not the original owner of the property. It is also relevant when the granter wants to limit their liability and provide a lesser level of assurance to the grantee. The limited warranty in this type of deed is typically specific to the surface of the property, excluding any mineral or subsurface rights. If the granter wishes to transfer the mineral or subsurface rights along with the surface rights, a separate deed may be required. Different types of Pennsylvania Warranty Deeds for Surface with Limited Warranty can include variations based on specific circumstances or agreements between the parties involved. For example, there may be variations depending on whether the property is residential, commercial, or agricultural. Each type of deed may contain provisions specific to the related property use, such as zoning permissions or restrictions. It is important for both the granter and grantee to thoroughly review the Pennsylvania Warranty Deed for Surface with Limited Warranty and consult with a knowledgeable attorney or real estate professional to ensure that all relevant terms and conditions are included and understood. In summary, a Pennsylvania Warranty Deed for Surface with Limited Warranty is a legal document used to transfer ownership of a property with a limited guarantee. It may be used in various real estate transactions and can have specific variations depending on the circumstances or type of property involved. Consulting a legal professional is crucial to ensure accuracy and compliance with relevant laws.

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Pennsylvania Warranty Deed for Surface with Limited Warranty