Above This Line Reserved for Official Use Only WARRANTY DEED Form
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Online document management has become increasingly favored by businesses and individuals alike. It offers an excellent eco-friendly alternative to traditional printed and signed documentation, as you can easily access the required form and securely store it online. airSlate SignNow provides all the tools necessary to create, modify, and eSign your documents swiftly without any holdups. Manage above this line reserved for official use only warranty deed form on any device with the airSlate SignNow Android or iOS applications and enhance any document-related operation today.
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People also ask
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What is the meaning of special warranty deed?
A special warranty deed is a deed in which the seller of a piece of property only warrants against problems or encumbrances in the property title that occurred during their ownership.
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What are the different types of deeds in Arizona?
In general, Arizona property will involve three types of deeds: 1) a warranty deed, 2) a special warranty deed, and 3) a quit claim deed.? The main differences between them are the guarantees made by the seller regarding the title to the property.
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What is the difference between a special warranty deed and a warranty deed in Arizona?
Unlike a general warranty deed, a special warranty deed doesn't cover title claims over the property's entire history. It only guarantees against title issues that occurred when the seller owned the home.
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What is the main purpose of a warranty deed?
A warranty deed protects the buyer and ensures that the seller holds a free and clear title to a property without any outstanding liens or mortgages. A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property.
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What are the disadvantages of a special warranty deed?
Cons: Fewer protections for buyers, who are now responsible for addressing any previous liens or claims for the property. Lenders and title companies may refuse to help buyers secure financing or title insurance for a property sold under special warranty.
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What is the best type of deed to have?
General warranty deeds give the grantee the most legal protection, while special warranty deeds give the grantee more limited protection. A quitclaim deed gives the grantee the least protection under the law.
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