Kansas Mineral Deed with Limited Warranty
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How to fill out Mineral Deed With Limited Warranty?
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FAQ
A Kansas statutory warranty deed is used to transfer property with a warranty or guarantee from a seller to a buyer. The seller uses the warranty deed to guarantee that there are no other interests in the property being sold and that he or she has the legal authority to transfer the property.
Recording Fees for Kansas Deeds A recorded deed gives formal notice of the transfer to any later purchasers, creditors, and other parties. Recording cost. The register of deeds charges $21.00 to record a deed's first page and $17.00 each for other pages.
How can I change my name, add someone, or remove someone from my deed? We cannot change a recorded document because it is a permanent record. To make a change to the deed, a new deed needs to be prepared and recorded. We recommend that you contact an attorney or title company for assistance.
Both deeds contain a promise that the grantor is conveying clear title to the property. But, the difference between the general warranty and limited warranty is the duration of that promise.
General Warranty Deed A general warranty deed is the gold standard of property transfers. This type of deed is overwhelmingly used in residential purchases. Most lenders require a warranty deed for properties they finance. It offers buyers the greatest possible protection from future claims against the title.
Warranty deeds are the safer option when buying property versus simply transferring ownership. Most buyers will want this option. If it is discovered that the seller did not have complete ownership of the property, the buyer can sue for breach of warranty.
A fiduciary deed differs from other types of deeds, such as warranty deeds and quitclaim deeds, in that it does not guarantee the title to the property. Rather, it simply transfers the ownership of the property from the original owner to the new owner.
A special warranty deed?also known as a limited warranty deed?is a variation of the general warranty deed. While the word "special" may communicate to a buyer the idea that the deed is of higher quality, the special warranty deed is less comprehensive. It offers less protection due to the limited timeframe it covers.
