Wyoming Warranty Deed Form
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People also ask
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What is the difference between a warranty deed and a limited warranty deed?
The limited warranty deed would prevent the Grantee from being able to hold the Grantor responsible for that title defect that arose before the Grantor originally took the title. It's a shorter period of time and it's a better conveyance for a seller than a general warranty deed.
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What is the main purpose of a warranty deed?
A warranty deed is a legal real estate document that protects the buyer and ensures that the seller holds a clear title to the property, has no outstanding liens or mortgages, and there will be no future claim to the title of the property.
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What is the difference between a warranty deed and a limited warranty deed?
The limited warranty deed would prevent the Grantee from being able to hold the Grantor responsible for that title defect that arose before the Grantor originally took the title. It's a shorter period of time and it's a better conveyance for a seller than a general warranty deed.
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What is a warranty deed in Maine?
General Warranty Deed — The General Warranty deed is often referred to simply as a warranty deed. It is a deed conveying title where the seller (grantor) makes six covenants or promises to the buyer (grantee) as part of the conveyance.
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What is a deed that contains no warranties of ownership?
The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property—if any. No warranties or promises regarding the quality of the title are made.
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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 is the difference between a warranty deed and a quit claim deed in Utah?
But unlike a warranty deed and a special warranty deed, which provide certain warranties or guarantees regarding the property's title, a quitclaim deed only transfers whatever interest the grantor may have in the property at the time of the transfer. That interest may be no interest whatsoever.
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What is a warranty deed in Wyoming?
A warranty deed conveys real property in fee simple to the grantee and contains covenants from the grantor that he or she holds title to the property and has "good right and power to convey the same" (Wyo. Stat. Ann. 34-2-103).
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