Kansas Quitclaim Deed Dedicating Land to City for Public Use
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How to fill out Quitclaim Deed Dedicating Land To City For Public Use?
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FAQ
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.
In California, spouses have equal rights and responsibilities about the marital home and any mortgages that bind it: debts and property. The spouse gives up all rights to the property when he signs a quit claim deed but does not give up any responsibilities for the mortgage.
The current property owner with the right to transfer the property must sign a Kansas deed. A deed that transfers a co-owned property should include the signatures of both owners. A lawful agent or attorney who can act on the owner's behalf may sign a deed for the owner.
By contrast, a quitclaim deed contains no warranties. All it does is transfer whatever interest the grantor has in the property over to the other person. There is no guarantee against other owners having the ability to claim the property. And there is no protection against debts and liens on the property.
The biggest difference between a title versus a deed is the physical component. A deed is an official written document declaring a person's legal ownership of a property, while a title refers to the concept of ownership rights.
The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property?if any. No warranties or promises regarding the quality of the title are made.
A general warranty deed transfers real property from the buyer to the seller with the guarantee that the seller holds clear, unencumbered legal title to the property.
A warranty deed makes a promise to the buyer that the seller has good title to the property. A quitclaim deed, on the other hand, makes no promises. A quitclaim deed just says; whatever interest I have in this property, I give to you.
