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A statutory warranty deed is different from a warranty deed because it is a shorter form made available through your state's statutes and it may not outright list the promise that the title is guaranteed to be clear. Instead, because it is a statutory form, this guarantee is implied and is still legally enforceable.
Requisites of a deed. Warranty deed?Form and effect. Bargain and sale deed?Form and effect. Quitclaim deed?Form and effect.
To access a digital copy, go to your county recorder's website and search public records and recorded documents. You can print an unofficial copy or request a certified one from the county recorder.
A warranty deed or quit claim deed TRANSFERS TITLE or OWNERSHIP of real property. When you purchase property, you usually receive a warranty deed from the seller to you to show that you now own the property.
The following should be in a contract for deed: Purchase price. Interest rate. Down payment. Number of monthly installments. Buyer and seller information. Party responsibilities. Legal remedies in the event of default.
In Washington, a conveyance of real property does not have to be recorded at the county recorder's office. But, if it is not recorded, its legal effect is only binding on the grantor and the grantee, and not on other people.
General Warranty Deed It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home ? even dating back to prior property owners. This quality of coverage is why most lenders will require you to get a general warranty deed when buying your house.
What is a Washington Statutory Warranty Deed? A Washington statutory warranty deed form (sometimes called a general warranty deed or simply a warranty deed) transfers Washington real estate from the current owner (grantor) to the new owner (grantee) with a full warranty of title.