What is a commonly used deed in the US?

Warranty deed A warranty deed, which also may be called a general warranty deed, is the type of deed used most frequently when real property is sold. A warranty deed guarantees that the title is free and clear of debts or liens.

What type of deed is most commonly used?

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

What is an example of deed?

The act of granting a deed in property to another. To deed is defined as to transfer land to someone. An example of deed is to give someone your house in your will.

What is a deed in simple terms?

A deed is the actual legal document that would transfer the ownership (title) of a property from one person to another. A deed is signed by the person selling or transferring the property rights, called the grantor. The person purchasing or taking possession of the property rights is called the grantee.

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DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, , a Corporation organized under the laws of the state of , hereinafter referred to as Grantor , does hereby grant, convey and warrant unto , an Individual, married unmarried, hereinafter Grantee , the following lands and property, together with all improvements loca.

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