Wake North Carolina Warranty Deed for Surface with Limited Warranty

State:
Multi-State
County:
Wake
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.

A Wake North Carolina Warranty Deed for Surface with Limited Warranty is a legal document used to transfer ownership of real property in Wake County, North Carolina, with a limited warranty against any defects in the title. This type of deed ensures that the granter (seller) guarantees to the grantee (buyer) that they have the legal right to sell the property, but provides limited protection compared to a general warranty deed. The Wake North Carolina Warranty Deed for Surface with Limited Warranty is commonly used when the granter wants to convey the property to the grantee, but does not want to be fully responsible for any possible title issues that may arise in the future. While the granter guarantees that they have not encumbered the property, they do not provide a warranty against any defects or claims that existed prior to their ownership. It is essential to emphasize that there are no variations or different types of Wake North Carolina Warranty Deed for Surface with Limited Warranty. However, it is worth mentioning that different parties may have unique requirements when it comes to the process of transferring property ownership. Factors such as monetary considerations, special conditions, or contingencies might be addressed in an accompanying contract or addendum alongside the Warranty Deed. Keywords: — Wake NortCarolinain— - Warranty Deed - Surface with Limited Warranty — Reapropertyrt— - Transfer of ownership - Limited protection — Title defect— - Legal right to sell - Property encumbrance — Title issue— - Grantor - Grantee - General warranty deed — Title claim— - Variations and types

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FAQ

A Warranty Deed is the strongest deed and warrants to the Grantee: That the Grantor has not previously conveyed the estate or any interest therein to anyone except the Grantee; and. The estate is free from encumbrances.

Since a special warranty deed offers less protection than a general warranty deed, buyers may feel reasonably cautious about their purchase. There's always the chance that another owner could challenge the title. It could be the heir of a previous owner who claims that the property is actually theirs.

A special warranty deed guarantees two things: The grantor owns, and can sell, the property; and the property incurred no encumbrances during his ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.

General Warranty Deed 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. This quality of coverage is why most lenders will require you to get a general warranty deed when buying your house.

The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the propertyif any. No warranties or promises regarding the quality of the title are made.

The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the propertyif any. No warranties or promises regarding the quality of the title are made.

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.

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.

More info

This article is about the Microsoft Surface series of devices. For the first tablet in the series, see Surface (2012 tablet).The software categorized as(3) isdistributed in the hope that it willbe useful, but WITHOUT ANY WARRANTY, without even the implied warrantyof. Discussed in the "Closing on Your Home" section of this manual. Classic Homes Limited Warranty. Axis Wake Research Limited Warranty . Boards purchased in used condition without a verifiable age. Any customer-initiated modifications to the surface of the board. HP Support Assistant health analysis or tune-up might cause the computer to wake from sleep mode. Windows may turn off the USB root hub to which the keyboard, video, and mouse is connected to if the computer is left idle for an extended period of time.

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Wake North Carolina Warranty Deed for Surface with Limited Warranty