![]() ![]() The grantee, who receives a title interest in the property.The grantor (currently on the property title), who transfers their interest in the property.Who are the parties in a Warranty Deed?Ī Warranty Deed involves at least two parties: In other words, the deed assures that the property has no liens or legal claims against it (meaning creditors aren’t using it as collateral for an outstanding debt, and no third parties have the right to occupy the property).Īs such, a Warranty Deed facilitates transparency when selling or transferring an interest in a property-which is a major benefit to anyone receiving a land title. Last Updated SeptemWhat is a Warranty Deed?Ī Warranty Deed is a document that transfers property interest from one person to another while guaranteeing freedom from defects or encumbrances. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |