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A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments.
Every deed and corrected or amended deed may be made in the following form, or to the same effect: "This deed, made the ______ day of ______, in the year ____, between (here insert names of parties as grantors or grantees), witnesseth: that in consideration of (here state the consideration, nominal or actual), the said ...
The only way to change a recorded deed is to have a new deed prepared and recorded in the Clerk's Office Land Records Department. Once a document is recorded, it cannot be changed.
Several easy-to-follow steps are required to create a Virginia deed: 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.
A Virginia warranty deed is only valid if it meets the requirements of Virginia law. These requirements include a valid legal description, statement of consideration, and a description of the manner in which co-owners will hold title, font size and page format requirements, and signature and notarization requirements.
All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.