Warranty Deed-Statutory (Illinois)

State:
Illinois
Control #:
IL-SKU-FF120
Format:
PDF
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Description

Warranty Deed-Statutory (Illinois) A Warranty Deed-Statutory (Illinois) is a legal document that is used to transfer real estate from one person (granter) to another person (grantee). This deed is a type of general warranty deed that is recognized in the state of Illinois and provides the grantee with covenants of title from the granter. The title is warranted to be free from any encumbrances or claims from any other person or entity, and the granter agrees to defend the title against any third party claims. The deed contains the following warranties: • General Warranty: This warranty states that the granter is the true owner of the property and that they have the right to convey it to the grantee. Basinin Warranty: This warranty states that the granter is in possession of the legal title to the property and has the right to convey it to the grantee. • Quiet Enjoyment Warranty: This warranty states that the grantee will be free from any disturbance of their possession or enjoyment of the property by any other person claiming a superior title. • Encumbrance Warranty: This warranty states that the property is free from any encumbrances or liens, and that the granter will defend the title against any third party claims. • Warranty of Title: This warranty states that the granter is conveying a good and marketable title to the grantee. The various types of Warranty Deed-Statutory (Illinois) include a Special Warranty Deed, a Quitclaim Deed, and a Bargain and Sale Deed.

A Warranty Deed-Statutory (Illinois) is a legal document that is used to transfer real estate from one person (granter) to another person (grantee). This deed is a type of general warranty deed that is recognized in the state of Illinois and provides the grantee with covenants of title from the granter. The title is warranted to be free from any encumbrances or claims from any other person or entity, and the granter agrees to defend the title against any third party claims. The deed contains the following warranties: • General Warranty: This warranty states that the granter is the true owner of the property and that they have the right to convey it to the grantee. Basinin Warranty: This warranty states that the granter is in possession of the legal title to the property and has the right to convey it to the grantee. • Quiet Enjoyment Warranty: This warranty states that the grantee will be free from any disturbance of their possession or enjoyment of the property by any other person claiming a superior title. • Encumbrance Warranty: This warranty states that the property is free from any encumbrances or liens, and that the granter will defend the title against any third party claims. • Warranty of Title: This warranty states that the granter is conveying a good and marketable title to the grantee. The various types of Warranty Deed-Statutory (Illinois) include a Special Warranty Deed, a Quitclaim Deed, and a Bargain and Sale Deed.

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Warranty Deed-Statutory (Illinois)