North Carolina Warranty Deed for Surface and Mineral Interests with Multiple Grantors
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How to fill out Warranty Deed For Surface And Mineral Interests With Multiple Grantors?
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FAQ
Special Warranty Deed. Grantor warrants against any defects in title that evolved during his ownership, but nothing else. Quitclaim Deed.
Three Deeds of Conveyance In North Carolina, there are generally three types of deeds used to convey real property: General Warranty Deed, Special Warranty Deed, and Non-Warranty Deed.
General Warranty Deed With this type of deed, the grantor (seller) is certifying to grantee (buyer) that he will defend the title against allegations of defect even those defects allegedly present before the grantor (seller) owned the property.
Which of the following is TRUE regarding a special warranty deed? The grantor's warranties are limited to the time the grantor owned the property.
A North Carolina warranty deed must meet North Carolina's deed requirements and include essential information to describe the transfer. Essential information includes the grantor's and grantee's names and addresses, a legal description of the property being transferred, and the name of the person who prepared the deed.
There are two sides to a transaction. In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person.
A special warranty deed is a type of real estate deed used to transfer property ownership from one person to another. By using this particular deed, the seller is guaranteeing to the buyer that there are no defects or problems with the property title during the time that they owned the property.
A special warranty deed is a deed to real estate where the seller of the property?known as the grantor?warrants only against anything that occurred during their physical ownership. In other words, the grantor doesn't guarantee against any defects in clear title that existed before they took possession of the property.