Free Warranty Deed

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Free Warranty Deed

  1. Answer a few simple questions
  2. Email, download or print instantly
  3. Just takes 5 minutes

Warranty Deed

Grantor Details


Grantor Details

Who is selling or transferring title?

Grantor's Information



e.g. Street, City, State ZIP Code


Spouse's Details


e.g. Street, City, State ZIP Code





Frequently Asked Questions
Who do I list as the grantor?The grantor is the person(s) transferring the title. You should list anyone whose name is currently on the title of the property that is being transferred.

If both spouses are currently title holders, then each spouse should be listed on this step as a grantor along with being listed as a spouse under each grantor's details.
Can a person be both a grantee and a grantor?Yes, a person can be both a grantor (transferring the title) and grantee (receiving the title). This is common when a property owner wants to add a family member to the title.

For example, if Jack married Anne and wants to put Anne on the title of Jack's home, Jack would be the grantor and Jack and Anne would be the grantees.


Your Warranty Deed

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Warranty Deed

Mail after recording to ____________________________, ____________________________
Tax parcel ID: ___________________
This instrument prepared by __________________________ __________________________
Brief description for the index:
___________________

THIS DEED made this ________ day of ________________, ________, by and between

GRANTOR

___________________, not married, of ___________________

 

GRANTEE

___________________, not married, of ___________________

The collective designations of Grantor and Grantee as used within this document will include said parties, their heirs, successors, and assigns, and shall include singular, plural, masculine, feminine, or neuter as required by context.

IN WITNESS WHEREOF, the said Grantors, for and in consideration of the sum of $___________ dollars and other consideration to them in hand paid, the receipt of which is hereby acknowledged, have remised and released and by these presents do remise and release, with general warranty covenants, unto the Grantee as the sole tenant, and his heirs and assigns all right, title, claim, and interest of the said Grantors in and to a certain tract or parcel of land lying and being in the County of ___________________, and State of North Carolina, in ___________________ Township, and more particularly described as follows:

________________________________________________________
________________________________________________________
________________________________________________________

The property hereinabove described was acquired by the Grantor by instrument recorded in __________ The property hereinabove described was acquired by the Grantor by instrument recorded. A map showing the above-described property is recorded in Map Book ___________________ at Page ___________________



TO HAVE AND TO HOLD the aforesaid lot or parcel of land and all privileges and appurtenances thereto belonging to the Grantee in fee simple.

And the Grantor covenants with the Grantee, that the Grantor is seized of the premises in fee simple, has the right to convey the same in fee simple, that title is marketable and free and clear of all encumbrances, and that the Grantor will warrant and defend the title against the lawful claims of all persons whomsoever

IN TESTIMONY WHEREOF, the Grantors have hereunto set their hands and seals the day and year first above written.

Signed in the presence of:

_________________
Signature
_________________
Name

 
 

_________________
___________________

 
 

Grantor Acknowledgement


STATE OF NORTH CAROLINA

COUNTY OF ____________________


I ____________________________, a Notary Public of the aforesaid County and State, certify that ___________________, the Grantor, personally appeared before me this day and acknowledged the execution of the foregoing instrument. Witness my hand and official stamp or seal, this ________ day of ________________, ________.


My commission expires: ____________________

Notary Public ____________________________

Warranty Deed

Alternate Names:

A Warranty Deed is also known as a:

  • Special Warranty Deed
  • General Warranty Deed
  • Deed of Guarantee

What is a Warranty Deed?

A Warranty Deed is a document that guarantees that the title to a property is free from any interests held by others, such as liens. In other words, the grantor (seller) of the property is ensuring that the property is completely clear, as in creditors will not use the property as collateral for the grantor's debt, as an example.

When should I use a Warranty Deed?

Warranty Deeds are generally used for residential home sales between unrelated parties, so that the buyer can ensure that the property is free and clear. In other words, if a buyer wants to be absolutely sure that they will have full ownership rights to the property, requesting a Warranty Deed is a good idea.

Alternatively, the seller could present a Warranty Deed as part of the sale to show proof that they have absolute rights to the title of the property.

What is the difference between a Warranty Deed and a Quitclaim Deed?

A Quitclaim Deed only states the interest the grantor (the person who is transferring the property to someone else) has in the property, and does not guarantee that the property is free from interests held by other people.

A Warranty Deed ensures that the title to a property is free from liens, debts, and any other interests that could be held by others.

A Quitclaim Deed is generally used to transfer real estate between known parties, such as family members or spouses, where the extra layer of protection that a Warranty Deed provides may not be needed.

For instance, if the owner of a property has divorced, they could use a Quitclaim deed to remove their former spouse's name from the property title, and add the new spouse's name (if applicable).

What is the difference between a Warranty Deed and a Deed of Trust?

A Warranty Deed simply guarantees that the title of a property is free from any interests held by others at the time of the property sale. A Deed of Trust ensures neutrality between a borrower and lender by adding a neutral third party to the transaction, called a trustee (usually a separate legal entity like a title company).

In a transaction where a Deed of Trust is used, a lender is loaning money to a borrower so that the borrower can purchase a property. However, a Deed of Trust transfers ownership of the legal title to the property to a neutral trustee until the borrower completely pays off the loan.

Related Documents:

  • Quitclaim Deed: A Quitclaim deed is used to transfer property from one person to another without warranty to the title.
  • Survivorship Deed: A Survivorship Deed allows the transfer of commercial or residential property to two or more property owners (grantees), while at the same time creating joint tenancy among the grantees.
  • Mortgage Agreement: A Mortgage Agreement is a contract between a borrower and a lender where a lien is created on the property in order to ensure that the loan is repaid.
  • Real Estate Purchase Agreement: A Real Estate Purchase Agreement outlines the details of the sale of real property between a buyer and seller.
  • Promissory Note: A Promissory Note documents a loan between two parties.

Frequently Asked Questions:

Warranty Deed FAQ
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