This form is a Special Warranty Deed where the grantors are individual(s) or an entity and the grantee(s) are individual(s) or entity(ies). Grantor(s) convey and specially warrant the described property to the grantee(s). The grantor(s) only warrant and will defend the property only as to claims of persons claiming by, through or under grantor(s), but not otherwise. This deed complies with all state statutory laws.
A Cook Illinois Special Warranty Deed is a legal document that transfers the ownership of a property in Cook County, Illinois, from one party to another. This type of deed provides limited protection to the buyer, also known as the grantee, by guaranteeing that the granter, or seller, will defend against any claims related to the title issues that occurred during their period of ownership. In a Cook Illinois Special Warranty Deed, the granter warrants only against any claims arising from their own actions or omissions during their ownership of the property. This means that the granter is not responsible for any potential title defects or claims that existed before their ownership. The granter’s warranties are limited to the time period they owned the property, which is usually stated within the deed. There are various types of Cook Illinois Special Warranty Deeds that can be used depending on the specific circumstances: 1. General Special Warranty Deed: This type of deed offers protection to the grantee against any claims that might arise from the granter's actions or omissions during their period of ownership. 2. Limited Special Warranty Deed: This deed is also known as a "qualified warranty deed," and it offers protection to the grantee against any claims that might arise from the granter's actions or omissions during a specific period of ownership. The limited special warranty deed may specify a specific range of dates or certain conditions for which the granter warrants against claims. 3. Special Warranty Deed for Foreclosure: This type of special warranty deed is generally used in foreclosure sales. It offers protection to the grantee against any claims that might arise from the granter's actions or omissions during the foreclosure process. It is important for both the granter and grantee to thoroughly understand the terms and conditions of a Cook Illinois Special Warranty Deed before entering into any property transactions. Consulting with an experienced real estate attorney or professional is strongly advised to ensure that all legal requirements are met and to protect the interests of both parties involved.A Cook Illinois Special Warranty Deed is a legal document that transfers the ownership of a property in Cook County, Illinois, from one party to another. This type of deed provides limited protection to the buyer, also known as the grantee, by guaranteeing that the granter, or seller, will defend against any claims related to the title issues that occurred during their period of ownership. In a Cook Illinois Special Warranty Deed, the granter warrants only against any claims arising from their own actions or omissions during their ownership of the property. This means that the granter is not responsible for any potential title defects or claims that existed before their ownership. The granter’s warranties are limited to the time period they owned the property, which is usually stated within the deed. There are various types of Cook Illinois Special Warranty Deeds that can be used depending on the specific circumstances: 1. General Special Warranty Deed: This type of deed offers protection to the grantee against any claims that might arise from the granter's actions or omissions during their period of ownership. 2. Limited Special Warranty Deed: This deed is also known as a "qualified warranty deed," and it offers protection to the grantee against any claims that might arise from the granter's actions or omissions during a specific period of ownership. The limited special warranty deed may specify a specific range of dates or certain conditions for which the granter warrants against claims. 3. Special Warranty Deed for Foreclosure: This type of special warranty deed is generally used in foreclosure sales. It offers protection to the grantee against any claims that might arise from the granter's actions or omissions during the foreclosure process. It is important for both the granter and grantee to thoroughly understand the terms and conditions of a Cook Illinois Special Warranty Deed before entering into any property transactions. Consulting with an experienced real estate attorney or professional is strongly advised to ensure that all legal requirements are met and to protect the interests of both parties involved.
