A Saint Paul Minnesota Warranty Deed from Individual to Individual is a legally binding document utilized for the transfer of property ownership between two individuals in the city of Saint Paul, Minnesota. This detailed description will provide you with valuable insights on the definition and various types of warranty deeds for individuals within this jurisdiction. A warranty deed is a crucial legal instrument used to guarantee that the seller (granter) holds clear and marketable title to the property and has the right to transfer it to the buyer (grantee). It offers significant protection to the grantee against any potential defects or claims on the property's ownership. A warranty deed conveys the property with four principal covenants: the covenant of basin (granter has legal possession of the property), the covenant of right to convey (granter has the authority to transfer the property), the covenant against encumbrances (granter guarantees the property is free from liens or encumbrances unless explicitly stated), and the covenant of quiet enjoyment (granter assures the grantee that they will not be disturbed in possession of the property by third parties claiming an interest). There are different types of Saint Paul Minnesota Warranty Deeds from Individual to Individual, namely: 1. General Warranty Deed: This type of warranty deed provides the broadest protection to the grantee, as the granter assumes full responsibility for any defects in title that may have arisen before their ownership. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees against defects or encumbrances occurring during the granter's ownership. This type of warranty is limited to defects arising from the granter's actions alone. 3. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed is commonly used in Saint Paul, Minnesota, for individual-to-individual property transfers. It conveys the granter's interest in the property without offering any warranties or guarantees regarding the title. A quitclaim deed is typically used in situations where there is an existing relationship of trust between the parties involved, such as transfers within families, divorces, or boundary adjustments. When drafting a Saint Paul Minnesota Warranty Deed from Individual to Individual, it is essential to include relevant details such as the granter's and grantee's names and addresses, a legal description of the property, the acknowledgement and notarization of the deed, and the warranty clauses ensuring a secure transfer. By providing this comprehensive information, you now have a clear understanding of what a Saint Paul Minnesota Warranty Deed from Individual to Individual entails, highlighting its importance, types, and key components.