King Washington Warranty Deed for Surface with Limited Warranty

State:
Multi-State
County:
King
Control #:
US-OG-320
Format:
Word; 
Rich Text
Instant download

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.

How to fill out King Washington Warranty Deed For Surface With Limited Warranty?

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FAQ

A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.

General warranty deed Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.

A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

A warranty deed is a document often used in real estate that provides the greatest amount of protection to the purchaser of the property. The deed pledges or warrants that the owner owns the property free and clear of any outstanding liens, mortgages, or other encumbrances.

The General Warranty Deed A general warranty deed provides the highest level of protection for the buyer because it includes significant covenants or warranties conveyed by the grantor to the grantee.

Contains the strongest and broadest form of guarantee of title of any type of deed, and provides the greatest protection of any deed to the grantee. In this type of deed, the grantor makes various covenants, or warranties.

A general warranty deed is the most common type of warranty deed in the United States. It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home even dating back to prior property owners.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

More info

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King Washington Warranty Deed for Surface with Limited Warranty