VIEWS: 105 PAGES: 5 CATEGORY: Real Estate POSTED ON: 12/8/2011
This Warranty Deed is a legal instrument that transfers real property from one party to another and promises that title is good and clear of any claims. A warranty deed provides the most protection to the purchaser because the seller warrants that he or she legally owns the property, and that there are no outstanding liens or encumbrances against it. This type of deed also guarantees title, which means the seller may be held liable for damages if title is found to be defective. This document contains the standard provisions commonly included in a warranty deed and may be customized to fit the specific needs of the contracting parties. This deed should be used by sellers and purchasers of real property located in Alabama or their attorneys.
"Alabama Warranty Deed"