Wisconsin Partition Warranty Deed

State:
Multi-State
Control #:
US-01604
Format:
Word; 
Rich Text
Instant download

Description

This form is a Partition Warranty Deed. The purpose of the form is to divide up a tract of property into parcels to be distributed to heirs. Adapt to fit your circumstances. A Wisconsin Partition Warranty Deed is a legal document used in the state of Wisconsin to transfer ownership of real property, specifically in cases when property is being divided among co-owners. This document provides a guarantee from the seller (granter) to the buyer (grantee) that the property being transferred is owned by the granter and that there are no outstanding claims or liens against it. The Wisconsin Partition Warranty Deed typically includes essential information such as the names and addresses of both the granter and grantee, a detailed description of the property being transferred, and any specific conditions or restrictions associated with the transfer. It also provides a legal description of the property, including its boundaries, measurements, and any improvements or structures on the land. In Wisconsin, there are two common types of Partition Warranty Deeds: 1. General Warranty Deed: This type of deed offers the highest level of protection to the buyer. It not only guarantees that the granter owns the property but also ensures that the property is free from any defects or claims arising before or during the granter's ownership. It provides the widest range of legal warranties and protections to the grantee. 2. Special Warranty Deed: This type of deed offers a more limited warranty compared to a general warranty deed. It guarantees that the granter owns the property and that there have been no defects or claims arising solely during the granter's ownership. However, it does not cover any potential defects or claims that may have existed prior to the granter's ownership. This type of deed is commonly used in commercial real estate transactions. It is crucial to consult an attorney or a real estate professional when dealing with a Wisconsin Partition Warranty Deed to ensure that all legal requirements are met and both parties are protected.

A Wisconsin Partition Warranty Deed is a legal document used in the state of Wisconsin to transfer ownership of real property, specifically in cases when property is being divided among co-owners. This document provides a guarantee from the seller (granter) to the buyer (grantee) that the property being transferred is owned by the granter and that there are no outstanding claims or liens against it. The Wisconsin Partition Warranty Deed typically includes essential information such as the names and addresses of both the granter and grantee, a detailed description of the property being transferred, and any specific conditions or restrictions associated with the transfer. It also provides a legal description of the property, including its boundaries, measurements, and any improvements or structures on the land. In Wisconsin, there are two common types of Partition Warranty Deeds: 1. General Warranty Deed: This type of deed offers the highest level of protection to the buyer. It not only guarantees that the granter owns the property but also ensures that the property is free from any defects or claims arising before or during the granter's ownership. It provides the widest range of legal warranties and protections to the grantee. 2. Special Warranty Deed: This type of deed offers a more limited warranty compared to a general warranty deed. It guarantees that the granter owns the property and that there have been no defects or claims arising solely during the granter's ownership. However, it does not cover any potential defects or claims that may have existed prior to the granter's ownership. This type of deed is commonly used in commercial real estate transactions. It is crucial to consult an attorney or a real estate professional when dealing with a Wisconsin Partition Warranty Deed to ensure that all legal requirements are met and both parties are protected.

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Wisconsin Partition Warranty Deed