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Limited Warranty Deed Individuals to Joint Tenants UCBC Form 10 2 5 Minnesota

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Limited Warranty Deed Individuals to Joint Tenants UCBC Form 10 2 5 Minnesota

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[Music] my name is Jim McKeon and today we're going to talk about the difference between a warranty deed and a quitclaim deed you may not even know what these terms mean these terms are the ways that we give property to another person so if I were to go and buy a house someone is selling it and they use a realtor I will purchase the house and they will give me what is called usually a warranty deed a warranty deed says I warrant that I own this property is free of any liens no one else has any claim to the property I'm the one who owns it and I give all of my interest in the property to you warranty deed protects you and that's the kind of deed you would prefer to have because it protects you if there is a problem down the road or someone shows up and says hey I own this property you can go back to the person who sold it to you and hold them liable for any damages that you incur any problems you have a quick claim deed and when I say quick claim it's qu

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