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Virginia Warranty Deed from Individual to Individual

Virginia Warranty Deed

Name: Virginia Warranty Deed from Individual to Individual
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.78 (202 reviews)

Category:

Virginia Real Estate - Deeds - Warranty

State:

Virginia

Control #:

VA-02-78

Format:

Instant download

Description

This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.

LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate

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How to fill out Virginia Warranty Deed From Individual To Individual?

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FAQ

A deed, of course, is a legal document representing property ownership. But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.

Locate the most recent deed to the property. Create the new deed. Sign and notarize the new deed. Record the deed in the land records of the clerk's office of the circuit court in the jurisdiction where the property is located.

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.

In order to make the Warranty Deed legally binding, the Seller needs to sign it front of a notary public. Then signed and notarized deed must be filed at the city or county office for recording property documents. Before filing with this office all previously billed property taxes must be paid in full.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

Virginia Warranty Deed

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How to fill out Virginia Warranty Deed From Individual To Individual?

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FAQ

Can you sign a deed over to someone else?

How do you transfer a deed in Virginia?

Who keeps original warranty deed?

How do I write a warranty deed?

Does a warranty deed mean you own the property?

Does a warranty deed prove ownership?

How do you add someone to a warranty deed?

How do I add my spouse to my warranty deed?

What is the difference between a deed and a warranty deed?

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Virginia Warranty Deed

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How to fill out Virginia Warranty Deed From Individual To Individual?

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