Free Warranty Deed

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Free Warranty Deed

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Warranty Deed

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Your Warranty Deed

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RETURN TO: ___________________

ADDRESS: ____________________________

THIS INSTRUMENT PREPARED BY: ___________________

Tax lot / Block Number or Tax Account Number: ___________________

Warranty Deed

This Warranty Deed, executed this ______ day of ___________________, 20_____, by ___________________, not married, of ____________________________, (the "Grantor"), to ___________________, not married, of ____________________________, (the "Grantee") as the sole tenant, in the state of New Jersey.

WITNESSETH, that the Grantor, for good consideration and for the sum of $___________, paid by the Grantee, the receipt of which is hereby acknowledged, does hereby remise and release, with general warranty covenants, unto the Grantee forever, all the right, title, interest and claim which the Grantor has in and to the following described parcel of land, and improvements and appurtenances thereto in the County of ___________________, State of New Jersey, to wit:

________________________________________________________
________________________________________________________
________________________________________________________

Being the same property conveyed to the Grantor by the deed of ____________________, dated the ______ day of ______________, ______, previously referenced as follows: Book/Volume __________________, Page ________ of the Recorder of ___________________ County.



The Grantor, for itself and its heirs, hereby covenants with the Grantee that the Grantor is lawfully seized in fee simple of the above-described premises; that it has a good right to convey; that the premises are free from all encumbrances; that the Grantor and its heirs, and all persons acquiring any interest in the property granted, through or for the Grantor, will, on demand of the Grantee, and at the expense of the Grantee, its heirs or assigns, execute an instrument necessary for the further assurance of the title to the premises that may be reasonably required; and that the Grantor and its heirs will forever warrant and defend all of the property so granted to the Grantee and its heirs, against every person lawfully claiming the same or any part thereof.
                         

IN WITNESS WHEREOF, the Seller has signed and sealed these presents the day and year first above written.

Signed in the presence of:


___________________
Witness signature

___________________
Witness name


___________________
___________________


Grantor Acknowledgement


STATE OF NEW JERSEY

COUNTY OF ____________________

On this ________ day of ________________, ________, before me, ____________________ personally appeared ___________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she has executed the same in his/her authorized capacity, and that by his/her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument.

WITNESS my hand and official seal.


_______________________________
Notary Public Signature

ID Produced: ____________________

My Commission Expires: ____________

Seal:

Last Updated October 12, 2023

Written by


Reviewed by


|

Fact checked by



What is a Warranty Deed?

A Warranty Deed is a document that transfers property interest from one person to another while guaranteeing freedom from defects or encumbrances

In other words, the deed assures that the property has no liens or legal claims against it (meaning creditors aren’t using it as collateral for an outstanding debt, and no third parties have the right to occupy the property). 

As such, a Warranty Deed facilitates transparency when selling or transferring an interest in a property—which is a major benefit to anyone receiving a land title.

Who are the parties in a Warranty Deed?

A Warranty Deed involves at least two parties: 

  • The grantor (currently on the property title), who transfers their interest in the property
  • The grantee, who receives a title interest in the property

Keep in mind that there may be more than one grantor or grantee. Moreover, a person can be both a grantor and a grantee. For example, this may be the case when a person marries and wants to add their spouse’s name to the title of their home

What are the two types of Warranty Deeds?

LawDepot’s Warranty Deed template allows you to choose between two different kinds of warranties:

  • In a Special Warranty Deed, the grantor gives their word that they don’t know of any defects or encumbrances on the property during their time as owner. However, they can’t speak to anything that might have occurred prior to their ownership. This is also known as a limited warranty.
  • In a General Warranty Deed, the grantor guarantees that the title is completely clear (other than anything stated in the deed). This addresses the entire history of the property and is also known as a full warranty. If the title is defective, the grantor can be held liable.

When should I use a Warranty Deed?

If you’re buying property, you can request a Warranty Deed to confirm that you’ll have full ownership rights to the property. This is especially helpful when you are unrelated to the seller and unfamiliar with the property

If you’re selling or transferring a property title, a Warranty Deed can help you prove a clear title. For example, some organizations might require evidence of a clear title before lending a mortgage or issuing title insurance.

Unsure which deed is right for you? 

Let our Which Type of Real Estate Deed Do I Need? tool recommend the best deed for your unique situation.

Answer a few simple questions and we'll suggest the deed for you!

What’s the difference between a Warranty Deed and other title deeds?

Quitclaim Deed

A Quitclaim Deed transfers a title without the guarantee that a Warranty Deed provides. In this case, the buyer could risk facing legal challenges to the property in question. 

Deed of Trust

While a Warranty Deed transfers a property title from a seller to a buyer, a Deed of Trust transfers the title to a neutral trustee. The trustee is a neutral third party that holds the title until the party buying the property pays off their loan. That being said, the Deed of Trust helps the buyer secure a loan.

How to write a Warranty Deed

Use LawDepot’s Warranty Deed template to create the document you need.

1. Describe the property

Specify whether the property is residential, commercial, or undeveloped land. Include the property’s location (state and county), the legal property description, and the price.

2. Select a warranty type

Specify whether you’re giving a full or limited warranty.

3. Describe the parties in the agreement

Describe the grantor(s) and grantee(s) by giving their full names and addresses: 

  • For individuals, you may also specify marital status. 
  • For corporations, include the agent’s name and the state of incorporation.
  • For trusts, include its formation date and the appointed trustee.

4. Consider adding reservations

In some cases, the grantor may want to retain a slight interest in the property. In this case, they might add a reservation to the Warranty Deed that describes an exception to the title transfer. 

For example, imagine a grantor adds “an easement for transportation purposes in favor of the grantor.” In other words, the easement gives the grantor permission to access the property for transportation purposes, even when they don’t have possession. This might be necessary if there’s a road that crosses part of the property.

5. Add final details

State who receives tax notices once the transfer is complete. 

You should also include the date and location of where the document will be signed.

Do I need to notarize my Warranty Deed?

Yes, almost every state’s laws require you to notarize a Warranty Deed for it to be valid and enforceable.

As such, LawDepot’s Warranty Deed template includes a section for a notary public to acknowledge the parties’ signatures. Notarization helps prove the authenticity of your signatures and the parties’ intent to enter a contract.

Related Documents:

  • Quitclaim Deed: Use this document to transfer a property title without guaranteeing whether it’s clear and free.
  • Mortgage Agreement: Not using a traditional money lender? Create a Mortgage Agreement between a private lender and borrower.
  • Real Estate Purchase Agreement: A property sales contract often used for private sales.
  • Promissory Note: A Promissory Note documents a loan between two parties.
  • Deed of Trust: Borrowers can use this deed to transfer a property title to a trustee, who holds it as security until the borrower repays their debt.
  • Mortgage Satisfaction Agreement: Issue a statement that lets a borrower know the terms of their Mortgage Agreement have been met.
  • Contract for Deed: A property sales contract with an emphasis on seller financing.
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