
Iowa 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 a warranty deed in Iowa?
Warranty Deed - A deed in which the grantor warrants the title against defects arising at any time, either before or after, the grantor obtained his interest in the land. It assures that the grantor is the true owner, has the right to pass title and guarantees the title to be merchantable.
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What is the purpose of a quit claim deed?
A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.
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In which of the following situations would a quitclaim deed not be used?
A Quitclaim Deed Affects Ownership and the Name on the Deed, Not the Mortgage. Quitclaim deeds typically are not used in situations where the property involved has an outstanding mortgage.
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What are the disadvantages of a quit claim deed?
A quitclaim deed does not provide any assurance that the grantor (the person transferring the property) has free and clear title to the property. In fact, it doesn't even represent that the grantor has any interest in the property whatsoever.
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What are the requirements for a quit claim deed in Iowa?
Your quitclaim deed form should meet formatting guidelines established by § 331.606B and include the following information: Name, address, and phone number of the deed preparer. Grantor and grantee's names. Name and mailing address of the grantee. Document title. The property's legal description.
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How much does it cost to do a quitclaim deed in Iowa?
*Included in the $12.00 fee for Deeds, Change of Name, Condemnations and Contracts is a $5.00 transfer fee for each separate parcel of real estate involved. Add $5.00 to the 1st page fee for each additional parcel ($50.00 Maximum Fee for additional parcels.)
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What is a warranty deed in Mississippi?
Warranty deeds provide a form of protection to the buyer in the form of a warranty by the seller that guarantees no issues with the title. Special warranty deeds also provide a guarantee, but only that the seller has not created any issues with the title during the time that the seller owned the property.
Get more for Iowa Warranty Deed
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