
Warranty Deed from Individual to Individual Washington Form


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People also ask
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Which is the most common deed used in Washington to transfer real property?
Statutory Warranty Deed (or just Warranty Deed) Warranty deeds are commonly used in purchase transactions where the buyer wants assurances as to the title of the property.
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What are the requirements for a quit claim deed in Washington state?
In Washington, the requirements for a Quitclaim deed are simple: it must be in writing, contain a legal description of the property, be signed by the grantor, and the grantor's signature must be signNowd.
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What is a statutory warranty deed in Washington state?
A Washington statutory warranty deed form (sometimes called a general warranty deed or simply a warranty deed) transfers Washington real estate from the current owner (grantor) to the new owner (grantee) with a full warranty of title.
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How do I transfer a deed in Washington state?
Recording a Deed The Deed evidencing the transfer. Either a Real Estate Excise Tax Affidavit or, if a mobile home, a Real Estate Excise Tax Affidavit for Mobile Home. A copy of: ... A check to the order of the County Auditor for its Deed recordation fee: $32 for the first page + $1 for each additional page.
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How much does it cost to transfer on a death deed in Washington state?
As of January 1, 2024, Washington counties will charge $303.50, plus $1 for each additional page to record a transfer on death deed, and will charge $18, plus $1 for each additional page to record the death certificate. These fees are subject to change.
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Which deed contains the strongest warranty?
A General Warranty Deed offers the highest protection, guaranteeing freedom from all encumbrances and claims, while a Special Warranty Deed provides limited protection, covering only title defects that arose during the grantor's ownership.
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What is the safest type of deed?
Warranty deed. Warranty deeds are the safer option when buying property versus simply transferring ownership.
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How does a transfer on death deed work in Washington state?
A Transfer on Death Deed (TODD) is a legal document that allows a property owner to transfer property located in Washington State to another person as an inheritance when the property owner dies.
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Who benefits the most from a warranty deed?
Who Benefits the Most from Recording a Warranty Deed? The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
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What are the disadvantages of a special warranty deed?
Cons: Fewer protections for buyers, who are now responsible for addressing any previous liens or claims for the property. Lenders and title companies may refuse to help buyers secure financing or title insurance for a property sold under special warranty.
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How do I transfer property to a family member in Washington state?
Gifting property. What do I need to know? There is a Real Estate Gift Supplemental form that must be signed by both parties, and must accompany a completed Real Estate Excise Tax Affidavit. These documents are filed in the Treasurer's Office and are subject to a minimum filing fee if there are no taxes due.
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Why do people use a special warranty deed?
A special warranty deed is a type of real estate deed used to transfer property ownership from one person to another. By using this particular deed, the seller is guaranteeing to the buyer that there are no defects or problems with the property title during the time that they owned the property.
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