VIEWS: 94 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 Pennsylvania or their attorneys.
Warranty Deed This Warranty Deed is a legal instrument which is used to transfer (convey) rights in real property from one entity (the grantor) to another (the grantee). The grantor promises to the ocstoc Legal Agreements grantee that the title is good and clear of any claims. The grantor is legally bound by the covenants or warranties. ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY, INCLUDING AS TO LEGAL EFFECT OR COMPLETENESS. They are for guidance and should be modified by you or your attorney to meet your specific needs and the laws of your state. Use at your own risk. Docstoc, its employees or contractors who wrote or modified any form, are NOT providing legal or any other kind of advice and are not creating or entering into an Attorney-Client relationship. The information and forms ® are not a substitute for the advice of your own attorney. Subject to our Terms of Service (http://www.docstoc.com/popterm.aspx?page_id=15). 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Entire document © Docstoc, Inc., 2010, 2011 © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 1 Attorney Drafted WARRANTY DEED For and in good consideration of ________ ($____) [Instruction: Insert the amount, e.g., five thousand dollars ($5,000)], I ___________________________________ [Instruction: Insert the name of grantor] of ____________________________________ [Instruction: Insert the address of grantor], County of ________________________ [Instruction: Insert the County], State of Pennsylvania (hereinafter “Grantor”) hereby bargain, deed and convey to __________________________________ [Instruction: Insert the name of grantee] of _____________________________________ [Instruction: Insert the address of grantor], County of ________________ [Instruction: Insert the County], State of Pennsylvania (hereinafter “Grantee”) the following described land in County of __________ [Instruction: Insert the County], free and clear with WARRANTY COVENANTS; to wit: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ __________________________________ [Instruction: Insert the description of the land for which warranty is given] Grantor, for itself and its heirs, hereby covenants with Grantee, its heirs and assigns, that Grantor is lawfully seized in fee simple of the above-described premises; that it has a good right to convey; that the premises are free from all encumbrances; that Grantor and its heirs, and all persons acquiring any interest in the property granted, through or for Grantor, will, on demand of Grantee, or its heirs or assigns, and at the expense of Grantee, its heirs or assigns, execute and instrument necessary for the further assurance of the title to the premises that may be reasonably required; Grantor and its heirs will forever warrant and defend all of the property so granted to Grantee and its heirs, against every person lawfully claiming the same or any part thereof. Being the same property conveyed to Grantor by deed of _______________________ [Instruction: Specify the type of deed by which the property was conveyed to the Grantor], dated _____ [Month] _____ [Date], 20____. WITNESS the hands and seal of said Grantor this _____ [Month] _____ [Date], 20____. __________________________________ [Instruction: Insert the name of Grantor] _____________________________________ [Instruction: Insert the signature of Grantor] © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2 __________________________________ [Instruction: Insert the name of Grantee] _____________________________________ [Instruction: Insert the signature of Grantee] © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 3 ACKNOWLEDGMENT STATE OF Pennsylvania COUNTY OF ________________ On ____________________ before me,______________________, personally appeared _________________________________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Signature______________________________ Affiant _____Known _____Unknown ID Produced______________________ (Seal) © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 4 Note: Carefully read and follow the Instructions and Comments contained in this document for your customization to suit your specific circumstances and requirements. You will want to delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”) after reading and following them. You (or your attorney) may want to make additional modifications to meet your specific needs and the laws of your state ◊Where within this document you see this symbol: ◊ or an instruction states “Insert any number you choose◊,” or something similar, or there is a blank for the user to complete, please note that although Docstoc believes the information or number may be any that the user chooses, and that there is no law governing what the information or number should be, you might want to verify this, including by consulting with your own attorney practicing in your state, and be reasonable. INFORMATION AND FORMS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS, ETC., BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF DOCSTOC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Your use of this document is deemed to be your agreement to the foregoing, the disclaimers on the cover page, and that you have read and agree to our Terms of Service (http://www.docstoc.com/popterm.aspx?page_id=15), as well as our disclaimer that Legal information is not legal advice, and the important content available here: Read More (http://www.docstoc.com/popterm.aspx?page_id=114) © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 5 5
"Pennsylvania Warranty Deed"