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A New Hampshire general warranty deed is a form of deed used to transfer or convey real property, or land and buildings, in New Hampshire, from one person or entity to another.
In New Hampshire, real property can be transferred from one party to another by executing a special warranty deed. Special warranty deeds transfer fee simple title with limited covenants.
General Warranty Deed the covenant of seisin, meaning that the grantor warrants they own the property and has the legal right to convey it. the covenant against encumbrances, denoting that the grantor warrants that the property is free of liens or encumbrances, except as specifically stated in the deed.
Covenant of Warranty ? The covenant of warranty is a covenant wherein the seller agrees to defend on behalf of the buyer any lawful or reasonable claims of title by a third party, and to compensate the buyer for any loss sustained by the claim of superior title.
Fiduciary deeds are just one of several types of deeds used in property transfers. This type is used to transfer property such as real estate when the owner can't sign a deed for legal or other reasons. Fiduciary deeds are commonly employed when settling estates and the original owner of the property is deceased.
If a defect in the title arises years before the grantor owned the property, then the grantor is still liable under the covenants for title. General warranty deeds guarantee to the grantee that the property is being transferred free and clear, or without any encumbrances or limitations.
4) Covenant of Warranty ? The grantor covenants that the grantor will protect and defend the buyer against anyone who comes and claims a superior title to the property.
The main difference between a grant deed vs. warranty deed is the level of protection offered. A warranty deed offers a higher level of protection than a grant deed. With a grant deed, the grantor is guaranteeing that they haven't sold the property to anyone else, and that it is clear of any liens or restrictions.