A Los Angeles California Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions that transfers ownership of a property from a seller (granter) to a buyer (grantee). This specific type of warranty deed guarantees that the granter has the legal right to sell the property and that it is free from any encumbrances, except for those specifically mentioned in the deed. The Limited Warranty Deed provides a limited guarantee, meaning that the granter is only responsible for any defects or title issues that occurred during their ownership. This type of warranty does not extend to previous owners or potential claims that may have arisen before the granter's ownership. In Los Angeles, California, there are a few different types of warranty deeds that might be used depending on the circumstances: 1. Los Angeles California General Warranty Deed: This type of warranty deed provides the broadest level of protection for the grantee. It guarantees the title against any defects, claims, and encumbrances, regardless of when they occurred. 2. Los Angeles California Special Warranty Deed: Similar to the Limited Warranty Deed, this type of warranty deed only guarantees the title against defects or claims that occurred during the granter's ownership. However, it does not protect against any issues that may have arisen before the granter acquired the property. 3. Los Angeles California Quitclaim Deed: The Quitclaim Deed is different from the warranty deeds mentioned above. It offers no warranties or guarantees regarding the title or ownership of the property. It simply transfers whatever interest the granter may have to the grantee, if any at all. When drafting a Los Angeles California Warranty Deed for Surface with Limited Warranty, it is crucial to clearly outline the property's legal description, including boundaries and any identifying details. The deed should state the names of the granter and grantee, along with their addresses. It must also mention the consideration exchanged, typically the purchase price, and any relevant terms and conditions. Additionally, the limited warranties should be explicitly stated within the deed, highlighting that the granter only guarantees against defects or claims during their ownership. It is essential to consult with a qualified real estate attorney or professional to ensure the deed meets all legal requirements and adheres to the specific regulations in Los Angeles, California.
Los Angeles California Warranty Deed for Surface with Limited Warranty
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