Washington Statutory Warranty Deed - with individual acknowledgment
Definition and meaning
A Washington Statutory Warranty Deed is a legal document used to transfer ownership of real estate in the state of Washington. It provides a guarantee from the seller (grantor) to the buyer (grantee) that the title to the property is clear of any encumbrances or defects. The deed specifically includes an individual acknowledgment, ensuring that the grantor’s signature is verified by a notary public.
Who should use this form
This form is suitable for individuals or businesses that are transferring property ownership in Washington. It is particularly useful when the seller wants to assure the buyer that the property is free from claims or liens. It is also relevant for real estate transactions where a formal record of the transfer is necessary, such as with residential, commercial, or agricultural properties.
How to complete a form
To complete the Washington Statutory Warranty Deed, follow these steps:
- Fill in Grantor and Grantee Information: Provide the full names and addresses of both the seller and buyer.
- Property Description: Include a clear legal description of the property, including the tax parcel number.
- Consideration Amount: State the amount paid for the property.
- Notarization: Have the form signed in front of a notary public to ensure the grantor's identity is verified.
Ensure all fields are accurately completed to prevent any legal complications.
Legal use and context
The Washington Statutory Warranty Deed is used in the context of real estate law. It serves to protect the buyer by providing a warranty that the seller holds the legal title to the property without any undisclosed issues. This form is commonly used during the sale of properties, transfers of family real estate, and in other situations where a formal conveyance of title is necessary.
What documents you may need alongside this one
When completing the Washington Statutory Warranty Deed, you may also need the following documents:
- Previous Deed: To reference the previous ownership and ensure accurate property descriptions.
- Tax Records: To verify the tax parcel number and ensure there are no outstanding taxes on the property.
- Notarization Form: A form or appointment with a notary public to authenticate the signature.
Form popularity
FAQ
A statutory warranty deed is different from a warranty deed because it is a shorter form made available through your state's statutes and it may not outright list the promise that the title is guaranteed to be clear. Instead, because it is a statutory form, this guarantee is implied and is still legally enforceable.
A general warranty deed covers the property's entire history. It guarantees the property is free-and-clear from defects or encumbrances, no matter when they happened or under whose ownership.With a special warranty deed, the guarantee covers only the period when the seller held title to the property.
A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects. Most property sales make use of a warranty deed.Our title agents can help.
Bring the original deed to the Registry of Deeds in your town in Washington. You must pay a recording fee to record the deed (the fee is usually no more than $50). Once the deed is recorded, ask an abstractor for the book and page in which it is recorded. It is now legal.
A special warranty deed to real estate offers protection to the buyer through the seller's guarantee that the title has been free and clear of encumbrances during their ownership of the property. It does not guarantee clear title beyond their ownership.
A Washington special warranty deed form conveys Washington real estate from the current owner (grantor) to a new owner (grantee) with a warranty of title that is limited to the period that the grantor owned the property.It has no legislative origin and is not explicitly recognized in the Washington statutes.
A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.
In its most basic form, a bargain and sale deed includes a warranty that the grantor has title to the property but does not guarantee that the property is free of claims.In contrast, a grantee would prefer a general warranty deed because it gives them the most protection possible.
The Washington statutory warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.