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There are four commonly seen deed categories: Quit Claim, Warranty, Special Warranty, and In Trust Deeds. When buying or selling real estate, it is important to understand the differences in each type of deed.

A general warranty deed is the gold standard of property transfers. This type of deed is overwhelmingly used in residential purchases. Most lenders require a warranty deed for properties they finance. It offers buyers the greatest possible protection from future claims against the title.

If you're a seller, you'll prefer to limit the extent of your warranties with a special warranty deed. On the other hand, the buyer will desire the more extensive warranties provide by a general warranty deed. As the parties negotiate the type of deed, they should also consider the role of title insurance.

General Warranty Deeds: A general warranty deed provides the most protection to the buyer but gives the grantor the highest degree of liability. The grantor of a general warranty deed fully warrants good clear title to the property. This type of deed is used in most real estate deed transfers.

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.

There are three types of real estate deeds in Massachusetts: release deeds, quitclaim deeds, and warranty deeds. Each of these deeds gives a buyer different degrees of protection and guarantees against defects.

A deed is usually any written legal document that transfers, affirms, or confirms the interest, rights, property, etc. A valid deed requires that the grantor, the original owner of the land conveys his interest to the guarantee, the recipient of the title.

A house deed is the legal document that transfers ownership of the property from the seller to the buyer. In short, it's what ensures the house you just bought is legally yours.

A deed is a signed legal document that transfers ownership of an asset to a new owner. Deeds are most commonly used to transfer ownership of property or vehicles between two parties. The purpose of a deed is to transfer a title, the legal ownership of a property or asset, from one person or company to another.

A deed is usually any written legal document that transfers, affirms, or confirms the interest, rights, property, etc. A valid deed requires that the grantor, the original owner of the land conveys his interest to the guarantee, the recipient of the title.