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Warranty Deed from Corporation to Two Individuals Illinois Form

Warranty Deed from Corporation to Two Individuals Illinois Form

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the two most common documents that people use to transfer ownership are a quick claim deed and a warranty deed the main difference is a quick claim deed has no promises you just quit whatever rights you may have to the property which could be none but a warranty deed comes with some type of Promise think of like the warranty on your car or Electronics or whatever that if something goes wrong they're going to stand beyond their product so in this case of course you can't return a house but what you could do is there could be litigation against the person that breaks the promise of course there are other types of Deeds but for Simplicity sake we're just going to with these two and I would never advise somebody to transfer ownership through a quick claim deed I would use that one for more of modifying the property like if you got a divorce or married changed your name to something where you're not completely transferring ownership to somebody else for a war

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