Nebraska Warranty Deed for Surface with Limited Warranty
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How to fill out Warranty Deed For Surface With Limited Warranty?
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FAQ
Quitclaim Deed A deed used to transfer any interest in real property that the grantor may have. It contains no warranties of any kind.
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.
A special warranty deed or limited warranty deed only guarantees that no title problems occurred during the time the seller has owned the property. That means the previous owner can't be held accountable for creditors' liens or other issues that occurred before they took possession of the home.
Special warranty deeds are generally used when the property's ownership history is unknown to the grantor. For instance, in the administration of a deceased person's estate, the executor may be unaware of past issues with the property and thus would only warrant the title against defects caused by the deceased.
General Warranty Deed ? The General Warranty deed is often referred to simply as a warranty deed. It is a deed conveying title where the seller (grantor) makes six covenants or promises to the buyer (grantee) as part of the conveyance.
Relates to the past and guarantees grantor ownership. The deed that offers a limited number of warranties is a. general warranty deed.
