Colorado Sample Letter for Warranty Deed - Request for Signature
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How to fill out Sample Letter For Warranty Deed - Request For Signature?
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FAQ
Property ownership information can be requested from the County Registrar-Recorder/County Clerk. For more information, please visit their website to Request a Real Estate Record.
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.
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
From here, the process looks like this: Choose the most appropriate deed. Prepare the deed. Complete the deed with accurate information about the property and the person being added. Sign the deed in the presence of a notary public. File the deed with the county recorder's office. Update the property records.
What Is the Strongest Type of Deed? For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While it's the best deed for the grantee, it gives the grantor the most liability.
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
Step 1: Locate the Current Deed for the Property. ... Step 2: Determine What Type of Deed to Fill Out for Your Situation. ... Step 3: Determine How New Owners Will Take Title. Step 4: Fill Out the New Deed (Do Not Sign) ... Step 5: Grantor(s) Sign in Front of a Notary. ... Step 6: Fill Out the Preliminary Change of Ownership Report (PCOR)
In short, the distinction between the two forms of ?warranty? deeds is that in a general warranty deed, the seller warrants against anything any owner of the property ever did to encumber title and in a special warranty deed the seller only warrants against anything the seller did to encumber title.
