Sterling Heights Michigan Warranty Deed

• Category: Michigan Real Estate - Deeds - Warranty
• State: Michigan
• City: Sterling Heights
• Control #: MI-BM-024
• Format: Word; Rich Text

Description

Warranty deed in which the grantor is a corporation and the grantees are two individuals. A Sterling Heights Michigan Warranty Deed is a legally binding document that transfers the ownership of a property from one party to another in the city of Sterling Heights, Michigan. It provides a guarantee or warranty from the seller (granter) to the buyer (grantee) that the property being transferred is free from any liens, encumbrances, or defects in title. Keywords: Sterling Heights Michigan Warranty Deed, property ownership transfer, legally binding, guarantee, warranty, seller, buyer, liens, encumbrances, defects in title. There are different types of Sterling Heights Michigan Warranty Deeds, including: 1. General Warranty Deed: This type of deed offers the highest level of protection to the buyer. The seller warrants that they have good and marketable title to the property, free from any past, present, or future claims or defects. 2. Special Warranty Deed: This type of deed differs from the general warranty deed as it only guarantees against defects or claims that arose during the seller's ownership of the property. It provides a limited warranty, usually covering the seller's ownership period. 3. Quitclaim Deed: Unlike the general or special warranty deeds, a quitclaim deed does not provide any warranties or guarantees regarding the title. It simply transfers the ownership interest that the seller may have in a property to the buyer, without promising that the title is clear or free of any claims or defects. This type of deed is often used in situations where the parties have a pre-existing relationship or trust. When purchasing or selling a property in Sterling Heights, Michigan, it is crucial to understand the different types of warranty deeds available. Engaging a qualified real estate attorney or agent can help ensure that the appropriate deed is chosen for the transaction, providing the necessary protection and peace of mind for both parties involved.

A Sterling Heights Michigan Warranty Deed is a legally binding document that transfers the ownership of a property from one party to another in the city of Sterling Heights, Michigan. It provides a guarantee or warranty from the seller (granter) to the buyer (grantee) that the property being transferred is free from any liens, encumbrances, or defects in title. Keywords: Sterling Heights Michigan Warranty Deed, property ownership transfer, legally binding, guarantee, warranty, seller, buyer, liens, encumbrances, defects in title. There are different types of Sterling Heights Michigan Warranty Deeds, including: 1. General Warranty Deed: This type of deed offers the highest level of protection to the buyer. The seller warrants that they have good and marketable title to the property, free from any past, present, or future claims or defects. 2. Special Warranty Deed: This type of deed differs from the general warranty deed as it only guarantees against defects or claims that arose during the seller's ownership of the property. It provides a limited warranty, usually covering the seller's ownership period. 3. Quitclaim Deed: Unlike the general or special warranty deeds, a quitclaim deed does not provide any warranties or guarantees regarding the title. It simply transfers the ownership interest that the seller may have in a property to the buyer, without promising that the title is clear or free of any claims or defects. This type of deed is often used in situations where the parties have a pre-existing relationship or trust. When purchasing or selling a property in Sterling Heights, Michigan, it is crucial to understand the different types of warranty deeds available. Engaging a qualified real estate attorney or agent can help ensure that the appropriate deed is chosen for the transaction, providing the necessary protection and peace of mind for both parties involved.