The Washington Warranty Deed for Surface with Limited Warranty is a legal document used to transfer ownership of a property from one party to another in the state of Washington. This deed provides a limited guarantee to the buyer that the seller owns the surface rights to the property and has the authority to transfer them. It also assures the buyer that there are no undisclosed encumbrances or defects on the property's surface. The limited warranty nature of this deed means that the seller only guarantees their ownership rights to the property's surface. This type of deed does not provide any assurance regarding other aspects of the property, such as mineral rights, air rights, or any other rights not explicitly stated in the deed. Within the category of Washington Warranty Deed for Surface with Limited Warranty, there are no specific subtypes or variations. However, it's important to note that there are other types of warranty deeds available in Washington, such as the Washington General Warranty Deed and the Washington Special Warranty Deed. The Washington General Warranty Deed offers the broadest protection to the buyer, as it guarantees the seller's ownership rights not only to the surface but also to all other property rights, both past and present. It ensures that the buyer receives the property in the condition promised by the seller, and that any defects or encumbrances arising under the seller's ownership are the seller's responsibility. On the other hand, the Washington Special Warranty Deed provides a more limited guarantee. This type of deed only guarantees the seller's ownership rights for the period they owned the property, excluding any prior owners. The special warranty deed protects the buyer from any defects or encumbrances that occurred during the seller's ownership, but does not extend to before it. In summary, the Washington Warranty Deed for Surface with Limited Warranty is a legal document used to transfer surface rights of a property in Washington. It offers a limited guarantee of ownership from the seller to the buyer, ensuring that there are no undisclosed encumbrances or defects on the property's surface. While there aren't specific subtypes for this deed, Washington also recognizes other types of warranty deeds, such as the General Warranty Deed and Special Warranty Deed, which provide different levels of protection to the buyer.
Washington Warranty Deed for Surface with Limited Warranty
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A Washington special warranty deed can be used to transfer the ownership of real property with limited guarantees. The new owner obtains title to the property free of liability during the grantor's period, but not for any previous owners. Free Washington Special Warranty Deed Form - PDF | Word - eForms eforms.com ? deeds ? special-warranty eforms.com ? deeds ? special-warranty
In Washington, the requirements for a Warranty deed are simple: it must be in writing, contain a legal description of the property, be signed by the grantor, and the grantor's signature must be notarized. Free Washington Warranty Deed Template - Rocket Lawyer rocketlawyer.com ? real-estate ? document rocketlawyer.com ? real-estate ? document
A special warranty deed guarantees two things: The grantor owns, and can sell, the property; and the property incurred no encumbrances during his ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.
Relates to the past and guarantees grantor ownership. The deed that offers a limited number of warranties is a. general warranty deed. 11 Flashcards | Quizlet quizlet.com ? 11-flash-cards quizlet.com ? 11-flash-cards
Also called a non-warranty deed, a quitclaim deed conveys whatever interest the grantor currently has in the property if any. The grantor only "remises, releases, and quitclaims" their interest in the property to the grantee. There are no warranties or promises regarding the quality of the title.
When using a warranty deed, the grantor guarantees that the property has no outstanding title problems and that they, the current owner, have the legal right to sell to the buyer.
Types of Deeds in Arkansas The limited warranty deed only guarantees that no issues were created while the seller was in possession of the property. Quitclaim deeds are also available in Arkansas, but used only in specific situations.
A special warranty deed or limited warranty deed only guarantees that no title problems occurred during the time the seller has owned the property. That means the previous owner can't be held accountable for creditors' liens or other issues that occurred before they took possession of the home. Warranty Deed: What Is It And Should You Get One? | Quicken Loans quickenloans.com ? learn ? warranty-deed quickenloans.com ? learn ? warranty-deed
