Warranty Deed Insert Formulas For Free

A general warranty deed does not now include a covenant against encumbrances. Because the grantor is making numerous present and future covenants about the title of the property being conveyed, a general warranty deed is the kind of deed that offers the most comprehensive level of protection to the buyer.

The grantor of a general warranty deed guarantees that he holds six covenants of title, which are discussed below. The three present covenants embodied in the general warranty deed are the covenant of seisin, the covenant of the right to convey, and the covenant against encumbrances.

Warranty Deeds Facilitate the Transfer of Property Titles The most all-encompassing form of warranty deed is the general warranty deed, which comes with its six covenants. In most states, a statutory deed is the standard document used in real estate sales, and the language is drawn from the state's statutes.

What's Included in A Warranty Deed? The identities of both the grantor (seller) and grantee (buyer) and their addresses. A detailed description of the property which should include property lines, roads, sewer lines, and any other defining characteristics.

There are up to six express covenants that may be found in a deed: the covenant of seisin, the covenant of the right to convey, the covenant against encumbrances, the covenant of quiet enjoyment, the covenant of general warranty, and the covenant of further assurances.

What's Covered In A General Warranty Deed? Covenant of Seisin. Guarantees the grantor has legal possession of the property. Covenant of Right To Convey. Guarantees that the grantor has the right to sell the property. Covenant Against Encumbrances.

A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.

How to Write (1) Authorized New Mexico Filing Recipient. ... (2) New Mexico Grantor Name. ... (3) New Mexico Grantee Name. ... (4) New Mexico County Of Real Property. ... (5) Legal Description Of New Mexico Property. ... (6) Relevant Years. ... (7) Date Of New Mexico Conveyance. ... (8) New Mexico Grantor Signature.