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General Warranty Deed  Form

General Warranty Deed Form

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Instructions and help about general warranty estate

how do you change ownership of real estate it doesn't happen simply because two parties enter into an agreement that says so rather the transfer is accomplished with a deed there are several types of deeds and today we will go over the most common the warranty deed a warranty deed is the most comprehensive and offers the recipient the most protection in a warranty deed the seller known as the grantor conveys ownership in full and guarantees that it is free from any encumbrances such as a mortgage or a tax lien the grantor is saying that he or she will protect the buyer against any claims and thereby becomes accountable to the buyer this is dramatically different from a quick claim deed where the seller simply gives over whatever interest is owned without mentioning liens or detailing the amounts of ownership given almost every home sale will involve a warranty deed it would be unusual for a mortgage lender to agree to give a loan unless a warranty deed was used even if a search

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