Where do you get the title for your house?

An Easily Followed Process to Create a Warranty Deed Form. Clear by Creating a Warranty Deed. Your Document in Minutes. Customized for You Online. Does warranty deed transfer ownership?

Does a waranty deed mean you own the property free and clear? What is a non warranty deed? The general warranty deed is the standard instrument for home sales. But where’s the deed?

You received it at closing. The previous owner or party granting you ownership signs the warranty deed , showing your rights to the property. A quitclaim deed is the other main type of property deed. It pledges or warrants that the owner owns the property free. A general warranty deed transfers property, with the guarantee that there are no outstanding mortgages, tax liens or judgments on the property.

Even with a General Warranty Deed , buyers need to understand that a deed ’s guarantees are not sufficient evidence to prove seller ownership. Deeds can contain errors, both of omission and commission. To confirm a seller’s deed , buyers need to find evidence of title. A special warranty deed , also called a “limited warranty deed ,” does not provide a buyer with the same protection as a full or general warranty deed. Ownership is proved through evidence of title, not a deed.

This type comes with a very limited warranty regarding the condition of the property’s title, and is most often used to provide more protection for the seller than the buyer should title problems arise. A Warranty Deed is a real estate document used when a property owner (grantor) transfers land to a buyer (grantee ), and wishes to make a guarantee that the property is free and clear of any encumbrances , like a lien or mortgage. Warranty Deeds are used in most real estate deed transfers as they offer more protection than a Quitclaim Deed.

Print for Immediate Use. A warranty deed shows that ownership of a piece of property was transferred from a seller to a buyer. It differs from a title in that the title is simply a concept, not a piece of paper.

In the wide world of real estate, a warranty deed is a crucial part of the buying process that gives the new homeowner the highest level of protection in their new purchase. Additionally, a warranty deed provides a guarantee to the buyer that, should the seller be wrong about the title condition, he will compensate the buyer. Non- warranty Deeds Some deeds offer no warranties at all, so a special warranty deed is at least one step above this type of deed , as far as protections are concerned. The most common type of deed is a general warranty deed , which shows that the grantor transferred clear title to the current owner. When an individual uses a quitclaim deed to transfer property, the new owner only receives whatever interest the prior.

Any type of deed functions to transfer ownership of property between two parties. Different types of deeds can be used to meet specific needs of the seller and buyer. You do not need a certified copy of your deed to sell your house.

The warranty deed is commonly. As long as your deed was properly recorded your proof of ownership is recorded in the land records for your jurisdiction. The easiest way to prove your ownership of a house is with a title deed or grant deed that has your name on it.