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Get AL General Warranty Deed 2023-2024
This instrument was prepared by:Once recorded, return to:This Space for Recorders Use Only. Alabama General Warranty Deed State of Alabama County of KNOW ALL MEN BY THESE PRESENTS, that for and in.
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Alabma FAQ
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General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.
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An Alabama general warranty deed conveys a property owner's interest in real estate to a new owner (the grantee) with a guarantee that the grantor holds a clear and unencumbered title. This deed type provides complete protection to the grantee through its warranties and covenants.
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The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferred—there are no hidden owners or easements.
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The Warranty Deed delivers the highest quality of title. In a Warranty Deed, the grantor agrees to warrant and defend the grantee against a defect in title. So long as each successive conveyance is by Warranty Deed, an original grantor may continue to be liable to successors.
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Covenant against Encumbrances relates to the past and guarantees there are no monetary claims against the property. Covenant of Further Assurance relates to the future and forces the grantor to correct the deed if necessary.
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An Alabama general warranty deed provides a full warranty of title that protects against all title issues, even those that relate to the time before the prior owner owned the property. A statutory warranty deed, in contrast, limits the warranty to the period when the person signing the deed owned the property.
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A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.
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A traditional deed simply transfers the ownership of a property from one party to another (in other words, the seller to the buyer.) Whoever legally holds the deed is the rightful owner of the property. A warranty deed, on the other hand, contains special assurances that the seller makes to the buyer.
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General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.
-
An Alabama general warranty deed conveys a property owner's interest in real estate to a new owner (the grantee) with a guarantee that the grantor holds a clear and unencumbered title. This deed type provides complete protection to the grantee through its warranties and covenants.
-
The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferred—there are no hidden owners or easements.
-
The Warranty Deed delivers the highest quality of title. In a Warranty Deed, the grantor agrees to warrant and defend the grantee against a defect in title. So long as each successive conveyance is by Warranty Deed, an original grantor may continue to be liable to successors.
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Covenant against Encumbrances relates to the past and guarantees there are no monetary claims against the property. Covenant of Further Assurance relates to the future and forces the grantor to correct the deed if necessary.
-
An Alabama general warranty deed provides a full warranty of title that protects against all title issues, even those that relate to the time before the prior owner owned the property. A statutory warranty deed, in contrast, limits the warranty to the period when the person signing the deed owned the property.
-
A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.
-
A traditional deed simply transfers the ownership of a property from one party to another (in other words, the seller to the buyer.) Whoever legally holds the deed is the rightful owner of the property. A warranty deed, on the other hand, contains special assurances that the seller makes to the buyer.
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