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A partition action in the State of Washington is a type of real estate lawsuit filed in the Superior Court of the county where the disputed property is located where two or more co-owners of real estate cannot agree as to whether to sell the property or not.
A general warranty deed is also called a statutory warranty deed, or just a warranty deed. This is the type of deed most commonly used in Washington real estate transactions. Compared to other deeds, a general warranty deed provides the grantee with the most comprehensive protection.
A warranty deed or quit claim deed TRANSFERS TITLE or OWNERSHIP of real property. When you purchase property, you usually receive a warranty deed from the seller to you to show that you now own the property.
Requisites of a deed. Warranty deed?Form and effect. Bargain and sale deed?Form and effect. Quitclaim deed?Form and effect.
In Washington, the requirements for a Warranty deed are simple: it must be in writing, contain a legal description of the property, be signed by the grantor, and the grantor's signature must be notarized.
What is a Washington Statutory Warranty Deed? A Washington statutory warranty deed form (sometimes called a general warranty deed or simply a warranty deed) transfers Washington real estate from the current owner (grantor) to the new owner (grantee) with a full warranty of title.
A statutory warranty deed is different from a warranty deed because it is a shorter form made available through your state's statutes and it may not outright list the promise that the title is guaranteed to be clear. Instead, because it is a statutory form, this guarantee is implied and is still legally enforceable.
General Warranty Deed It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home ? even dating back to prior property owners. This quality of coverage is why most lenders will require you to get a general warranty deed when buying your house.