King Washington Warranty Deed for Surface with Limited Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: King
• Control #: US-OG-320
• Format: Word; Rich Text

Description

This form of deed conveys the surface estate in existing lands pursuant to a contract of sale. The King Washington Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions in the state of Washington. It transfers ownership of a surface, such as land or a portion of it, from one party to another, while also providing a limited warranty regarding the condition or title of the property. The King Washington Warranty Deed for Surface ensures that the seller, also known as the granter, guarantees that they have the legal right to sell the property and that there are no undisclosed issues, liens, or encumbrances affecting the title. The limited warranty implies that the granter will defend the title only against claims which may arise from their ownership period and not from previous owners. Under this type of warranty deed, the granter does not provide an absolute guarantee of the property's condition or title. It offers a limited level of protection to the buyer, who is referred to as the grantee. Consequently, the grantee should consider conducting property surveys, inspections, and title searches to ensure they are aware of any potential issues before completing the transaction. Different types of King Washington Warranty Deed for Surface include: 1. King Washington Warranty Deed for Surface with Limited Warranty — Single Family Residential: This type of warranty deed specifically applies to the transfer of ownership of single-family residential properties like houses or townhouses. 2. King Washington Warranty Deed for Surface with Limited Warranty — Vacant Land: This variation of the warranty deed is used when transferring ownership of undeveloped or vacant land, typically without any structures or improvements. 3. King Washington Warranty Deed for Surface with Limited Warranty — Commercial Property: This form of warranty deed is tailored for the transfer of ownership of commercial properties, including office buildings, retail spaces, warehouses, or industrial properties. The King Washington Warranty Deed for Surface with Limited Warranty is an essential legal instrument in protecting the interests of both buyers and sellers in real estate transactions. It establishes clear ownership rights and provides a limited level of assurance regarding the property's condition or title. It is always crucial to consult with a qualified real estate attorney or professional to ensure the accurate completion and understanding of this legal document.

The King Washington Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions in the state of Washington. It transfers ownership of a surface, such as land or a portion of it, from one party to another, while also providing a limited warranty regarding the condition or title of the property. The King Washington Warranty Deed for Surface ensures that the seller, also known as the granter, guarantees that they have the legal right to sell the property and that there are no undisclosed issues, liens, or encumbrances affecting the title. The limited warranty implies that the granter will defend the title only against claims which may arise from their ownership period and not from previous owners. Under this type of warranty deed, the granter does not provide an absolute guarantee of the property's condition or title. It offers a limited level of protection to the buyer, who is referred to as the grantee. Consequently, the grantee should consider conducting property surveys, inspections, and title searches to ensure they are aware of any potential issues before completing the transaction. Different types of King Washington Warranty Deed for Surface include: 1. King Washington Warranty Deed for Surface with Limited Warranty — Single Family Residential: This type of warranty deed specifically applies to the transfer of ownership of single-family residential properties like houses or townhouses. 2. King Washington Warranty Deed for Surface with Limited Warranty — Vacant Land: This variation of the warranty deed is used when transferring ownership of undeveloped or vacant land, typically without any structures or improvements. 3. King Washington Warranty Deed for Surface with Limited Warranty — Commercial Property: This form of warranty deed is tailored for the transfer of ownership of commercial properties, including office buildings, retail spaces, warehouses, or industrial properties. The King Washington Warranty Deed for Surface with Limited Warranty is an essential legal instrument in protecting the interests of both buyers and sellers in real estate transactions. It establishes clear ownership rights and provides a limited level of assurance regarding the property's condition or title. It is always crucial to consult with a qualified real estate attorney or professional to ensure the accurate completion and understanding of this legal document.