Put Up Number Deed For Free

Bottom Line. When you're looking at purchasing a piece of land, there are 5 main types of deeds that you can use: Warranty Deed, Special Warranty Deed, Quitclaim Deed, Bargain and Sale Deed, and a Grant Deed. A Warranty Deed is the best of the best.

The PA deed transfer tax is generally about 2% of the final sales price, which consists of two different sets of fees: The state of Pennsylvania charges 1% of the sales price. The locality charges a second fee usually totaling about 1%, which is split between the municipality and school district.

A warranty deed is a transfer of title where the seller pledges to the buyer that the property is owned free and clear of all liens. This deed is the most commonly used deed with the issuance of title insurance.

General warranty deed It's the type of deed that offers the most buyer protection. When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims.

Examples of a deed are deeds of hypothecation for creating charge on movable properties in favour of the banks/financial institutions etc. An agreement by its name suggests that there should be at least two parties signing/approving the same. Examples of an agreement are agreement to sale, loan agreement etc.

There are several things you can do to protect yourself from home title theft: Keep track of your mail. ... Monitor your credit report. ... Be careful with your personal information. ... Keep an eye on your property. ... Get owner's title insurance.

A Warranty Deed is the strongest deed and warrants to the Grantee: That the Grantor has not previously conveyed the estate or any interest therein to anyone except the Grantee; and. The estate is free from encumbrances.

For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While it's the best deed for the grantee, it gives the grantor the most liability.