A warranty deed refers to a legal document that provides a guarantee or warranty to the purchaser of a property in Hillsboro, Oregon. It signifies that the seller has the legal authority to transfer ownership and promises to defend the title against any claims or issues that may arise in the future. The Hillsboro Oregon warranty deed ensures that the buyer receives a clear and marketable title to the property, offering protection and peace of mind. There are different types of warranty deeds in Hillsboro, Oregon that cater to specific situations: 1. General Warranty Deed: This is the most comprehensive and commonly used type of warranty deed in Hillsboro, Oregon. It provides the highest level of protection to the buyer as it guarantees the title against any defects, both past and present, whether known or unknown to the seller. 2. Special Warranty Deed: This type of warranty deed in Hillsboro, Oregon offers a limited guarantee to the buyer. It assures that the seller has not incurred any title defects or encumbrances during their ownership of the property, but does not cover issues that may have existed before the seller acquired the property. 3. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed is another type of property transfer document commonly used in Hillsboro, Oregon. It conveys the ownership interest that the seller has in the property, but does not include any warranties or guarantees regarding the title's validity. It is often used in situations where the parties have a close relationship, such as transfers between family members or divorcing spouses. When dealing with a Hillsboro Oregon warranty deed, it is crucial to consult with a real estate attorney or a qualified professional to ensure the document accurately reflects the buyer's interests and provides the necessary legal protection.