Warranty Deed Replace Selected Option For Free

A quitclaim deed only transfers the grantor's interests in a piece of real estate. It does not create any warranties on the title.A warranty deed contains a guarantee that the grantor has legal title and rights to the real estate. A quitclaim deed offers little to no protection to the grantee.

A warranty deed isn't proof that you now own the property. Rather, it means the previous owner can guarantee that no one else holds ownership or is owed money for the property. You don't actually own the property until the title is transferred to you.

A Warranty Deed has no expiration date, it is transferred permanently as of the date of the transfer.

If you do not have any loan or mortgage over the said property, then the easiest way to remove your name from the joint names, is if you were to execute a release deed or relinquishment deed in favour of your wife with respect to 50% share that you are the owner of, then she in turn becomes the full and absolute owner

Special warranty deeds can leave a buyer open to other, older title claims. by Brette Sember, J.D. A special warranty deed is a legal document that transfers ownership of real property from one person to another.

Does a Warranty Deed Mean a Clear Title? A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects.

Technically, no. Unless there is an existing mortgage in place, it is possible to remove a name from a title deed yourself without the help of a solicitor.