A Wake North Carolina General Warranty Deed from Individual to Individual is a legal document that transfers ownership of real estate property from one individual to another in Wake County, North Carolina. This type of deed guarantees that the seller (granter) has the legal right to sell the property and ensures that the buyer (grantee) receives clear title to the property. In Wake County, there are different variations of General Warranty Deeds that can be used for transferring property between individuals. These include: 1. Wake North Carolina Bargain and Sale Deed from Individual to Individual: This type of deed is commonly used when there is no monetary consideration involved in the transfer of property, such as gifting or inheritance. 2. Wake North Carolina Special Warranty Deed from Individual to Individual: In this type of deed, the granter warrants against any title defects or liens that occurred during their ownership, but not against defects that existed prior to their ownership. 3. Wake North Carolina Quitclaim Deed from Individual to Individual: This deed transfers the granter's interest in the property to the grantee, but provides no warranties or guarantees regarding the title. It merely transfers whatever interest the granter may have, if any. 4. Wake North Carolina Limited Warranty Deed from Individual to Individual: This type of deed offers a limited warranty to the grantee, only guaranteeing against defects or encumbrances that occurred during the granter's ownership. It is important to consult with a qualified real estate attorney or title company to determine the most appropriate type of deed for a specific real estate transaction in Wake County, North Carolina. This will ensure that the transfer of property is legally sound and that the grantee receives clear and marketable title.
Wake North Carolina General Warranty Deed from Individual to Individual
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