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A special warranty deed guarantees that the grantor owns and can sell the property. To the best of their knowledge, they are the owner of the property.
A Maryland special warranty deed is another legal document that conveys real property, also known as real estate, from a seller to a buyer. Similar to a warranty deed, it provides a guarantee running from the seller to the buyer. However, unlike a warranty deed, it provides a limited guarantee only.
To add a name to a deed in Maryland, you must prepare a new deed that includes both the current owner's name and the new owner's name. The current owner is the grantor, and the new owner is the grantee. The new deed should include a legal description of the property.
A Maryland quit claim deed is used to transfer property in Maryland from one person to another. Unlike a warranty deed, the quit claim does not include any guarantee as to the title. The seller is merely transferring whatever interest he may or may not have in the property to the buyer.
Any covenant, limitation, restriction, or provision can be annexed to or introduced with any of the statutory forms ( 4-201). A special warranty deed in Maryland should contain the grantor's original signature, which must also be acknowledged. Maryland does not require witnesses for special warranty deeds.
Warranty Deed Rules and Requirements The name and address of the individual who prepared the deed. The name and address of the current owner (also called the grantor) The name and address of the new owner (also called the grantee) Original signature of the grantor (note: the grantee does not need to sign the deed)
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.