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Recordation tax exemption pursuant to Code of Virginia section ___________________
Grantee Name: ___________________Grantee Address: ____________________________
PIN or Property Identification Number/Tax Map Number: ___________________Deed Prepared By: ___________________Address: ____________________________After Recording, Mail to:___________________, ____________________________
WARRANTY DEED
This Warranty Deed, made this ______ day of ___________________, 20_____, by and between ___________________, not married, of ____________________________, (the "Grantor"), and ___________________, not married, of ____________________________, (the "Grantee").
WITNESSETH, that in consideration of the sum of $___________ the Grantor does hereby remise and release, with general warranty covenants, unto the Grantee, as the sole tenant, in fee simple, all that piece or parcel of land, together with the improvements, rights, privileges and appurtenances to the same, situated in the County of ___________________, Commonwealth of Virginia, described as follows:
________________________________________________________________________________________________________________________________________________________________________
The Grantor attests for the Grantee and the Grantee's heirs and assigns that at and until the ensealing of these presents, the Grantor is well seized of the above described premises, as a good and indefeasible estate in fee simple.
The Grantor covenants that the Grantor will warrant generally the property hereby conveyed, and that the Grantor will execute such further assurances of said land as may be required.
WITNESS the hand and seal the day and year first hereinbefore written.
Signed in the presence of:
___________________Witness signature___________________Witness name
______________________________________
Grantor Acknowledgement
Last Updated December 31, 2024
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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.
A Warranty Deed involves at least two parties:
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.
LawDepot’s Warranty Deed template allows you to choose between two different kinds of warranties:
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.
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.
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.
Use LawDepot’s Warranty Deed template to create the document you need.
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.
Specify whether you’re giving a full or limited warranty.
Describe the grantor(s) and grantee(s) by giving their full names and addresses:
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.
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.
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.
Sample
Warranty Deed
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