Virgin Islands Warranty Deed for Surface and Mineral Interests with Multiple Grantors

State:
Multi-State
Control #:
US-OG-058
Format:
Word; 
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This is a warranty deed of all interests in surface and minerals from multiple grantors to a single grantee.
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FAQ

A warranty deed provides covenants from the grantor which apply to claims against the property that arise either before or during the grantor's ownership of the real estate. Warranty deeds provide the most protection of any deed a grantee can receive. Special Warranty Deed - Study.com Study.com ? ... ? Transfer of Real Property Study.com ? ... ? Transfer of Real Property

Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.

The guarantees of a general warranty deed are known as covenants. Traditionally, there are six covenants of title which can be divided into present covenants and future covenants.

Warranty deeds Warranty deeds provide the purchaser of the property with the highest form of protection and are often used when a buyer wants to get financing for a mortgage or title insurance. A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title. Warranty Deed: What Is It And Should You Get One? | Quicken Loans quickenloans.com ? learn ? warranty-deed quickenloans.com ? learn ? warranty-deed

General warranty deed General warranty deed. In essence, the grantor is saying, ?I promise there are absolutely no undisclosed title problems, and I will pay to defend the title in court." A general warranty deed gives the grantee the most possible protection. What is a grant deed and how does it work? - .com ? articles ? what-is-a-grant-d... .com ? articles ? what-is-a-grant-d...

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.

General warranty deeds General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law. Understanding Property Deeds - Investopedia Investopedia ? articles ? realestate Investopedia ? articles ? realestate

A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document.

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Virgin Islands Warranty Deed for Surface and Mineral Interests with Multiple Grantors