Ga Warranty Deed Form
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Quick guide on how to complete ga deed contract
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People also ask ga deed search
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What is the main purpose of a warranty deed?
A warranty deed is a legal real estate document that protects the buyer and ensures that the seller holds a clear title to the property, has no outstanding liens or mortgages, and there will be no future claim to the title of the property.
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What is a warranty deed in GA?
A warranty deed by definition is a deed which conveys the title to property whereby the seller guarantees the title to be good and unencumbered except as stated and agrees to defend and protect the purchaser against any loss that may arise in the future from any defect in the title at the time of conveyance.
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Who benefits the most from a warranty deed?
General Warranty Deed It offers buyers the greatest possible protection from future claims against the title.
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How much does a warranty deed cost in Georgia?
The filing fee is $25.00. Payment of transfer tax is required at time of recording if not exempt. Authority O.C.G.A. §48-6-1; §48-6-2.
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Which is more important, title or deed in real estate?
When you own a home, the deed is the physical document that proves ownership. The title is the concept of legal ownership that the deed grants you. You can think of the deed as the document that transfers, or passes on, the title or the right to ownership. When you buy a home, you need both.
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What is the difference between a warranty deed?
A traditional deed simply transfers the ownership of a property from one party to another (in other words, the seller to the buyer.) Whoever legally holds the deed is the rightful owner of the property. A warranty deed, on the other hand, contains special assurances that the seller makes to the buyer.
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What is a property deed in Georgia?
A property deed is a legal document that conveys ownership of real property (land or real estate).
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What is the best deed to transfer property?
A general warranty deed is a buyer's best protection against title challenges. The guarantee not only applies to the seller, but it applies to all of the individuals or entities involved in the chain of title for that particular property.
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