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Special Warranty Deed South Dakota Form

Special Warranty Deed South Dakota Form

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hi i'm andrew easler managing attorney at eastler law today we're going over your most pressing legal questions today's legal question is what is a general warranty deed a deed is a legal document that transfers the title of real estate from the grantor or the seller to the buyer or grantee a warranty deed offers protection to the buyer with a guarantee from the seller that the title to the property legally belongs to them and that there are no outstanding liens mortgages or other encumbrances against it the seller is also declaring that they have the legal right to confer ownership of the property to someone new warranty deeds are typically used when the property is being transferred between two unrelated parties and when a sale is taking place in particular if the buyer is borrowing money from a mortgage lender the lender will demand a warranty deed with guarantees in place as opposed to the simpler quitclaim deed which is more commonly used for transfers of p

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