
Arkansas Warranty Deed Form


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People also ask
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What is a special warranty deed in Arkansas?
An Arkansas special warranty deed is a type of deed that conveys a seller's interest in a property to another but does not warrant that he or she holds clear title to the property. The seller is transferring whatever interest he or she has in the property, which could be no interest or total interest.
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How does a quitclaim deed work in Arkansas?
All a Quitclaim Deed does is transfer the exact same rights the owner has at that specific time. If there are outstanding claims against the property, the buyer will be subject to all of the claims.
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What is the difference between quit claim and warranty deed?
A warranty deed makes a promise to the buyer that the seller has good title to the property. A quitclaim deed, on the other hand, makes no promises.
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Who benefits the most from a quitclaim deed?
Generally, a quitclaim deed is ideal for situations involving only transfer of ownership between parties that explicitly trust one another and have no doubts about the title of the property.
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Who benefits the most from a warranty deed?
Who Benefits the Most from Recording a Warranty Deed? The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
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How to obtain a warranty deed in Arkansas?
All warranty deeds must be signed with two disinterested witnesses (meaning that they cannot be involved with the transaction) along with the grantor(s) in front of a Notary Public.
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What is the difference between a warranty deed and a quitclaim deed in Arkansas?
Unlike a Warranty Deed, the Quitclaim Deed does not include any guarantees about the Property's title. All a Quitclaim Deed does is transfer the exact same rights the owner has at that specific time.
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In which of the following situations would a quitclaim deed not be used?
A Quitclaim Deed Affects Ownership and the Name on the Deed, Not the Mortgage. Quitclaim deeds typically are not used in situations where the property involved has an outstanding mortgage.
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