Feature Title Deed For Free

Deed Transfer Taxes and Documentary Stamps in Tennessee - The current deed transfer tax is $0.37 per every hundred dollars of consideration (sales price). The purchaser customarily pays the deed transfer tax.

Types of Deeds and Covenants in New Jersey Covenants. Types of Covenants. Estoppel By Deed ("After-Acquired Interest") Covenant Violations. Merger of the Deed. Bargain and Sale Deed. Quitclaim Deed. General Warranty Deed. Special Warranty Deed. Deed of Confirmation. Deed of Correction. Deed of Dedication.

It is a document that establishes the lender's legal right to the borrower's real estate property, should the borrower default on their loan. The mortgage deed is an important legal instrument that helps to protect both the lender and borrower in the case of non-repayment of the loan.

If your name is on the deed but not the mortgage, it means that you are an owner of the home, but are not liable for the mortgage loan and the resulting payments. If you default on the payments, however, the lender can still foreclose on the home, despite that only one spouse is listed on the mortgage.

Nothing happens to your mortgage when you divorce or separate. It doesn't change. All parties on a joint mortgage are jointly and equally liable for making sure the full capital and interest payments are made every month, irrespective of who lives in the property or any personal agreements between borrowers.

A general warranty deed provides the highest level of protection for the buyer because it includes significant covenants or warranties conveyed by the grantor to the grantee.

A general warranty deed is the most common type of warranty deed in the United States. 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.

A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

The general warranty deed is the most commonly used deed and has the most comprehensive protections. A real estate licensee must have the knowledge to provide an opinion of title. Easements are a form of government restrictions on property. The deed must be notarized for property transfer to legally occur.