Warranty Deed Assemble For Free

The two parties involved in a warranty deed are the seller or owner, also known as the grantor, and the buyer or the grantee. Either party can be an individual or a business, and are often strangers to each other.

A house deed is the legal document that transfers ownership of the property from the seller to the buyer. In short, it's what ensures the house you just bought is legally yours. But not all house deeds are the same.

You can obtain a warranty deed through your real estate agent's office or download an online template. All warranty deeds must include the date of the transaction, name of the parties involved, a description of the property being transferred, and the signatures of the buyers.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title. The property is free and clear of all liens and outstanding claims. The title would withstand third-party claims to ownership of the property.

It's also important to point out that there are two types of warranty deeds that offer different levels of protection to the buyer and risk to the seller. These two types of deeds are general warranty deeds and special warranty deeds.

A general warranty deed contains six covenants or warranties: (1) covenant of seisin, (2) covenant of right to con- vey, (3) covenant against encumbrances, (4) covenant of further assurance, (5) covenant of quiet enjoyment, and (6) covenant of warranty.

A title is a legal document that proves legal ownership over an asset or piece of property. Assets such as homes, land, other types of real estate, vehicles, and personal property such as jewelry all have titles to demonstrate ownership.