Deed Without Warranty Vs Quitclaim Deed In Montgomery
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A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document.
While the deed without warranty sells and conveys the property to the buyer, it's only slightly better than a quitclaim deed. It conveys title to the buyer, but there's no warranty against any defects in the title.
In order to execute a deed, the parties will need to complete and sign the form, have the document notarized, and record it with the county recorder. An Alabama deed is a legal instrument used to transfer ownership of property and land located in Alabama.
This is because a quitclaim deed offers the lowest level of protection. When writing a quitclaim deed, the grantor isn't offering any protection or warranty to the grantee.
All legal documents must be drafted by an attorney licensed to practice in the State of Alabama. Parties to a transaction can draft their own documents if they are doing so on behalf of themselves. Title Opinions must be rendered by an attorney licensed to practice in the State of Alabama.
Alabama Property Search (6 Steps) Select County. Go to the Alabama Department of Revenue's county offices page and select the county where the property is located (for these instructions, we chose Baldwin County). Navigate to Online Record Search. Select Deeds & Records. Enter Search Query. View Results. Gather Information.
General warranty deeds give the grantee the most legal protection, while special warranty deeds give the grantee more limited protection. A quitclaim deed gives the grantee the least protection under the law.
Most local attorneys can prepare a property deed in Alabama for you for a low flat rate.
A warranty deed offers the strongest protection. It protects the party receiving the property title in case there turns out to be any issues with the title.
The type of deed you should use depends on the type of transaction and your desired level of protection. Generally, a quitclaim deed is ideal for situations involving only transfer of ownership between parties that explicitly trust one another and have no doubts about the title of the property.
