A Riverside California Warranty Deed for Surface with Limited Warranty is a legal document used in real estate transactions within the Riverside County in California. This deed specifically pertains to the transfer of ownership rights and interests in a surface property with certain limitations on the warranties provided by the granter. When executing a Riverside California Warranty Deed for Surface with Limited Warranty, the granter guarantees that they have a valid and marketable title to the property being conveyed. However, the warranty is limited, meaning it protects the buyer only against defects or claims that arose during the granter's ownership of the property. This implies that the granter is not responsible for any prior defects, liens, or claims that existed before their ownership. For different types of Riverside California Warranty Deed for Surface with Limited Warranty, there are a few variations including: 1. Individual Riverside California Warranty Deed for Surface with Limited Warranty: This is a warranty deed used when an individual grants the title of their property to another after owning it for a period. 2. Joint Riverside California Warranty Deed for Surface with Limited Warranty: This type of warranty deed is used when multiple individuals, typically spouses or partners, jointly transfer the ownership of their property to another party. 3. Corporation Riverside California Warranty Deed for Surface with Limited Warranty: This warranty deed is utilized when a corporation or a company transfers the ownership of their property to another entity. 4. Trust Riverside California Warranty Deed for Surface with Limited Warranty: This deed is employed in situations where a property owned by a trust is being transferred to another party. By filing a Riverside California Warranty Deed for Surface with Limited Warranty, the granter ensures that the buyer receives a certain level of protection against any claims or defects arising from their time of ownership. However, it is essential for both parties involved in the transaction to consult with a real estate attorney or professional to fully understand the rights and obligations associated with this type of warranty deed.
Riverside California Warranty Deed for Surface with Limited Warranty
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A warranty deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.
You can obtain a warranty deed through your real estate agent's office or download an online template. All warranty deeds must include the date of the transaction, the name of the parties involved, a legal description of the property being transferred, a list of title defects and the signatures of the buyers.
Also known as a limited warranty deed. A type of deed that limits the grantor's title warranties and covenants in the deed to only the acts of: The grantor. Anyone claiming through the grantor.
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.
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 general warranty deed is the most beneficial for the home buyer because it provides the greatest amount of protection. It's a guarantee from the current owners (also referred to as grantors) that they have full ownership of the property and have disclosed all encumbrances, liens, easements and judgments.
A warranty deed is a document often used in real estate that provides the greatest amount of protection to the purchaser of a property. It pledges or warrants that the owner owns the property free and clear of any outstanding liens, mortgages, or other encumbrances against it.
Both a warranty deed and deed of trust are used to transfer the title of a property from one person to another. However, the difference between these two contracts is who is protected. As you now know, a deed of trust protects the beneficiary (lender). A warranty deed, on the other hand, protects the property owner.
