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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.
A Virginia warranty deed form gives the property to the grantee with the ?English covenants of title.? Those covenants include: The grantor has free and clear title and ownership to the property. Va. Code Ann.
All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.
Updated August 11, 2023. Reviewed by Susan Chai, Esq. A Virginia (VA) quitclaim deed is a legal document that allows a property owner to transfer rights and ownership of their property to another party.
A Virginia special warranty deed allows the transfer of property ownership with the guarantee that it is free of liens and encumbrances during the grantor's period only. Any claims made before the grantor's ownership period are the responsibility of the grantee (if any exist).
A Virginia warranty deed is only valid if it meets the requirements of Virginia law. These requirements include a valid legal description, statement of consideration, and a description of the manner in which co-owners will hold title, font size and page format requirements, and signature and notarization requirements.
All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.
A special warranty deed guarantees two things: The grantor owns, and can sell, the property; and the property incurred no encumbrances during his ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.