Washington Sample Letter for Sale of Property and Corrected Warranty Deed
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How to fill out Sample Letter For Sale Of Property And Corrected Warranty Deed?
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FAQ
A Washington special warranty deed can be used to transfer the ownership of real property with limited guarantees. The new owner obtains title to the property free of liability during the grantor's period, but not for any previous owners.
Expert-Verified Answer. The statement that is TRUE regarding a special warranty deed is option A The grantor's warranties are limited to the time the grantor owned the property.
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.
A special warranty deed is a deed to real estate where the seller of the property?known as the grantor?warrants only against anything that occurred during their physical ownership. In other words, the grantor doesn't guarantee against any defects in clear title that existed before they took possession of the property.
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.
