This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Special Warranty Deeds are frequently used in commercial real estate transactions and foreclosure sales. In commercial transactions, sellers might prefer this type of deed to limit their liability to issues they directly caused.
You can obtain a warranty deed through your real estate agent's office or download an online template. All warranty deeds must include the date of the transaction, the name of the parties involved, a legal description of the property being transferred, a list of title defects and the signatures of the buyers.
The Differences Between Specialty vs. As you can see, a general warranty deed is most commonly used when the sale and closing process should be seamless. Special warranty deeds are used for more special circumstances like if you are buying a foreclosed property, a REO property, a short sale, etc.
Obtain a special warranty deed form: You can obtain a special warranty deed form from a real estate attorney or from the Texas Real Estate Commission. Complete the form: You will need to provide the names and addresses of the grantor and grantee, as well as a description of the property being transferred.
Obtain a special warranty deed form: You can obtain a special warranty deed form from a real estate attorney or from the Texas Real Estate Commission. Complete the form: You will need to provide the names and addresses of the grantor and grantee, as well as a description of the property being transferred.
ContractsCounsel has assisted 68 clients with warranty deeds and maintains a network of 48 business lawyers available daily. A warranty deed costs around $500, which involves expenses associated with a document that transfers property ownership from a seller to a buyer in the US.
Your deed needs to be filed with your County Clerk's or Recorder's Office. The special warranty deed will become a matter of public record and will be able to be viewed if a title search is conducted.