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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Above this line reserved for official use only

Parcel ID Number: ___________________

Warranty Deed

THIS DEED OF CONVEYANCE made and entered into this ______ day of ___________________, 20_____ by and between ___________________, not married, of ____________________________, (the "Grantor"), and ___________________, not married, of ____________________________, (the "Grantee").

WITNESSETH that for and in consideration of the total sum of $___________, cash in hand paid, and other good and valuable consideration, the receipt of which is hereby acknowledged, the Grantor has bargained and by these presents does hereby bargain, sell, and alien, with general warranty covenants, unto the Grantee as the sole tenant, and the Grantee's heirs and assigns forever all of the Grantor's interests in the following lands and property, together with all improvements located on the property, lying in the County of ___________________, Commonwealth of Kentucky:

See the legal description attached.

Prior instrument reference: Book ______________, Page ______, Document No. ______, of the Recorder of ___________________, Kentucky.

Subject to all easements, rights-of-way, protective covenants and mineral reservations of record, if any.

The undersigned hereby certify that the consideration set forth is the full, true, and actual consideration being paid for the real property conveyed.


                         TO HAVE AND TO HOLD the described real estate unto the Grantee forever in fee simple, with covenant of general warranty of title, and the Grantor will forever warrant and defend the title to the said lands against all claims whatever.
                         

Signed in the presence of:


___________________
Witness signature

___________________
Witness name


___________________
Witness signature

___________________
Witness name


___________________
___________________


Grantor Acknowledgement


COMMONWEALTH OF KENTUCKY

COUNTY OF ____________________

The foregoing Warranty Deed was subscribed, acknowledged and sworn before me this ________ day of ________________, ________ by ___________________ as a free and voluntary act.


_____________________________________
Notary Public for the Commonwealth of Kentucky

County of ____________________________

Name: _______________________________

My commission expires: _________________

This Document Prepared by:
___________________, ____________________________

After Recording, Return to:
___________________, ____________________________

Send Tax Statements to:
___________________, ____________________________


Appendix A

Certificate of Consideration

This Certificate of Consideration pertains to the Property located at the County of ___________________, Commonwealth of Kentucky with the following legal description:

________________________________________________________
________________________________________________________
________________________________________________________

Prior instrument reference: Book _______________, Page ______, Document No. ______, of the Recorder of ___________________ County, Kentucky.

Grantor Information

First Grantor
Name: ___________________
Address: ____________________________

Grantee Information

First Grantee
Name: ___________________
Address: ____________________________


Check off one of the following:

[  ]

The Grantor, or the Grantor's agent hereby acknowledges that the transfer is not a gift and that the consideration in the attached deed is the full consideration paid for the Property.

[  ]

The Grantor, or the Grantor's agent hereby acknowledges that the transfer is a gift transfer, and the estimated fair cash value of the Property is $__________.




 

___________________
___________________

 

___________________
___________________

Commonwealth of Kentucky

County of ___________________

)
) ss.
)

The foregoing instrument was acknowledged before me this ______ day of ___________________, 20_____ by ___________________ and ___________________.

 



__________________________________
Notary Public

My Commission Expires: ____________

Last Updated April 11, 2024

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.

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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