VIEWS: 1,978 PAGES: 5 CATEGORY: Real Estate POSTED ON: 4/9/2012
A Warranty Deed is a legal document that transfers the title of real property from one party to another. This type of deed provides a guarantee that the transfer is lawful, and requires the transferring party to defend against any claims of ownership. This type of deed provides the protection to purchasers of real property. This document can be used by individuals or entities that want to transfer the title of real property while providing a guarantee of true and legal ownership.
General Warranty Deed This General Warranty Deed conveys real property from the grantor to the grantee. Under a general warranty, the grantor promises and guarantees the validity of the title of the property. As opposed to a special warranty, a general warranty protects the grantee from problems arising at any point in time, not only during the grantor’s ownership. Simply enter your information in the yellow highlighted fields, delete the bolded instructions, and you will have a customized deed that will save both parties time and money. GENERAL WARRANTY DEED For and in good consideration of ________ ($____) Dollars [Instructions: Enter the sale 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 _________________ [Instruction: Insert the state], (hereinafter “Grantor”) hereby bargain, deed and convey to __________________________________ [Instruction: Insert the name of grantee] of _____________________________________ [Instruction: Insert the address of grantee], County of ________________ [Instruction: Insert the County], State of _________________ (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, its heirs, against every person lawfully claiming the same or any part thereof. Being the same property conveyed to the 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] __________________________________ [Instruction: Insert the name of Grantee] _____________________________________ [Instruction: Insert the signature of Grantee] © Copyright 2013 Docstoc Inc. 2 ACKNOWLEDGMENT STATE OF _________________ 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 2013 Docstoc Inc. 3
Pages to are hidden for
"Warranty Deed"Please download to view full document