Warranty Deed With Easement

State:
North Carolina
Control #:
NC-01905BG
Format:
Word; 
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Description

Easements are limited rights to use land owned by others in fee. Easements in gross are held by persons. They detach rights from land and attach to a person. Unless somehow limited in time they can be conveyed separately from the holder's other lands. Mineral rights, timber rights, hunting rights, and public road and utility easements are examples.


Title is a legal term for a bundle of rights in a piece of property in which a party may own either a legal interest or an equitable interest. The rights in the bundle may be separated and held by different parties. Examples are as follows:


" Water rights;

" Mineral rights;

" Easement to neighboring property, for utility lines, etc.;

" Timber rights;

" Farming rights;

" Grazing rights;

" Hunting rights;

" Air rights;

" Development rights to erect improvements under various restrictions; and

" Appearance rights, often subjected to local zoning ordinances and deed restrictions.


As an interest in real property, an easement may be created by an express grant and should be drawn and executed with the same formalities as would be employed with a deed transferring realty. As for any conveyance of an interest in real property, a grant of an easement must describe the land that is to be subjected to the easement with sufficient clarity to locate it with reasonable certainty. An easement should be properly recorded; an unrecorded easement may not be enforceable against a subsequent purchaser.

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FAQ

Warranty Deed Rules and RequirementsThe name name and address of the current owner (also called the grantor) The name and address of the new owner (also called the grantee) Original signature of the grantor (note: the grantee does not need to sign the deed) Two witness signatures.

The general warranty deed offers the grantee the most protection.

A Warranty Deed is the strongest deed and warrants to the Grantee:That the Grantor has not previously conveyed the estate or any interest therein to anyone except the Grantee; and.The estate is free from encumbrances.

There are up to six express covenants that may be found in a deed: the covenant of seisin, the covenant of the right to convey, the covenant against encumbrances, the covenant of quiet enjoyment, the covenant of general warranty, and the covenant of further assurances.

They are (1) covenant for seisin; (2) covenant of the right to convey; (3) covenant against encumbrances; (4) covenant for QUIET ENJOYMENT; (5) covenant of general WARRANTY; and (6) covenant for further assurances.

Interesting Questions

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The general warranty deed assures the buyer they are obtaining full ownership rights without valid potential legal issues with the title. Most times, when a seller sells property to a buyer, they will sign a warranty deed.With this type of deed, the grantor is giving the grantee a guarantee, or warranty, that the grantor does have legal title to the property:. Protect yourself from Special and Limited Warranty Deeds. More than 15 percent of the total easement area may be clearcut. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

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Warranty Deed With Easement