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Contract for Deed Legal Forms USLegal

Contract for Deed Legal Forms USLegal

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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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