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The transferring of Title to property from one ownership to another requires recording a Deed. A Warranty Deed may be done when an owner guarantees, through a title report, that he or she holds clear title to a property.
A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.
General warranty deed Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.
When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims. Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.
An Alaska quit claim deed is a document that includes the transfer of ownership in real estate, with no guarantees, from a grantor (seller) to a grantee (buyer). If the grantor has any ownership of the property, it will be transferred to the grantee.
Essential Elements for Deeds: Properly executed deeds must: (1) be in writing; (2) name the grantor and a grantee; (3) be signed by the grantor or the grantor's agent; (4) be delivered to the grantee; and (5) be accepted by the grantee. Cordano v. Wright (1911) 159 Cal.
Like most states, Alaska recognizes three basic levels of warranty that a deed can provide: quitclaim deeds, warranty deeds, and special warranty deeds.