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No Warranty of Title a. Lessor makes no representation of title or ownership, either express or implied, and further makes no warranty as to the actual or potential presence of Granted Minerals.

Every seller, by the mere act of selling, makes a warranty that the seller's title is good and that the transfer is lawful as to passage of title. A warranty of title may be specifically excluded in the contract documents, or the circumstances may be such as to prevent the warranty from arising.

A New Jersey general warranty deed is a property conveyance document in which a seller grants ownership of real estate to a buyer with the promise of a valid title free from liens, encumbrances, and defects of any nature. The seller's pledge is a binding warranty that serves as protection for the buyer.

A warranty deed is a legal real estate document that protects the buyer and ensures that the seller holds a clear title to the property, has no outstanding liens or mortgages, and there will be no future claim to the title of the property.

An implied warranty is a guarantee that is not written down or explicitly spoken. Article 2 of the Uniform Commercial Code ("UCC") governs the sale of goods. An implied warranty is automatically presumed regarding the sale of goods or real property, which prevents a risk from transferring to the buyer.

To be valid, each Indiana warranty deed form must meet the requirements of Indiana law. These requirements include 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.

A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.

A warranty of title also exists for the sale of goods (or a lease warranty for use and possession). Although the warranty is implicitly conveyed with the sale of the good, it is not identified as an implied warranty and may be disclaimed by a clearly communicated writing.

The person whose name is on the deed has the title to the property.It's the deed that transfers title. On the deed, you'll find the property's legal description, including property or boundary lines. The deed identifies the grantor, or party transferring his interest in the property, and the grantee, who accepts it.

Most property sales make use of a warranty deed. Paired with title insurance, your warranty deed guarantees that the grantor is the rightful owner and transfers these rights and title to you as the grantee or new owner of the property. With a warranty deed, your title is clear.Our title agents can help.