Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee Hawaii Form
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People also ask
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What type of deed provides the most protection to the grantor?
For instance, a seller or grantor, under a warranty deed, guarantees that they legally own the property, have the right to sell it, and that there are no undisclosed encumbrances or liens against the property.
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What kind of deed contains certain warranties or promises by the grantor?
General Warranty Deed — The General Warranty deed is often referred to simply as a warranty deed. It is a deed conveying title where the seller (grantor) makes six covenants or promises to the buyer (grantee) as part of the conveyance.
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What is a warranty deed in Hawaii?
Quitclaim Deeds are more often used when an ex-spouse is going off title. A Warranty Deed gives some guarantees to the Grantee, such as guarantying that the Grantor owns the property being conveyed and that the Grantor guarantees the title to the property, subject only to the encumbrances set forth in Exhibit “A”.
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What is the difference between a limited warranty deed and a warranty deed?
A limited warranty deed—which is useful in transferring foreclosed properties—provides the buyer with some guarantees about the title, but it does not offer the complete protection of a general warranty deed.
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Which deed gives the most protection?
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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Which type of deed provides the greatest number of assurances by the grantor?
A general warranty deed provides the highest level of protection to the grantee (the buyer or recipient of the property) compared to other types of deeds. In a general warranty deed, the grantor (the seller or giver of the property) guarantees certain assurances and covenants to the grantee.
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Which deed would be most advantageous for a grantor?
In a general warranty deed, the grantor guarantees the title to the real property against any defects existing before the grantor acquired title as well as during the time of the grantor's ownership. A general warranty deed conveys both present and after-acquired interest of the grantor.
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What deed type gives you the most risk of ownership?
Certain states, like Massachusetts, conduct their regular property sales through quitclaim deeds rather than warranty deeds. Unlike the other types of deeds like warranty deeds, quitclaim deeds offer a grantee the least amount of protection.
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