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  • In other words, only defects that arose during the grantor’s ownership of the property are warranted. Due to this limitation, the special warranty offers the grantee less protection than the general warranty deed. Many purchasers of real estate will insist on a general warranty deed to protect against problems that could arise as a result of a special warranty deed. - Source: Internet
  • Special purpose deeds are frequently used in connection with court proceedings and instances where the deed is from a person acting in some type of official capacity. Most special purpose deeds offer little to no protection to the grantee and are essentially quitclaim deeds. Types of special purpose deeds include but are not limited to: - Source: Internet
  • As far as property deeds go, this first one is the best of the best. It is commonly used in real property sales. This type of deed means that the grantor/seller is guaranteeing the grantee/buyer of a very important key feature: - Source: Internet
  • Deeds can be classified in numerous ways. Broadly, deeds are classified as official or private. Official deeds are executed pursuant to a court or legal proceedings. Most property transactions, however, involve individuals and business entities using private deeds. - Source: Internet
  • The first important point here is that title and deed are not the same things. The title is the legal part of property ownership. To say you own the title to a property is to say that you own the legal rights to it. When land investors like myself talk about the chain of title, I’m talking about the previous owners. - Source: Internet
  • At Compass Land, we don’t mess around with Quitclaim, Bargain and Sale, or Grant Deeds. We are confident in our properties and the healthy state in which we bought them. That’s why we only use Warranty or Special Warranty Deeds. The deed type we use is dependent on the specific property. - Source: Internet
  • This is issued when a property is sold for delinquent taxes. Deed in Lieu of Foreclosure: This is given by a borrower who is in default on a mortgage directly to the lender. This serves to prevent foreclosure proceedings, and if the lender accepts the deed in lieu of foreclosure, the loan is terminated. Many lenders prefer to foreclose in order to clean up the title. - Source: Internet
  • If the deed to your property has not been recorded, inform your attorney or title insurance company immediately. Request that it take action to have your deed recorded as soon as possible. You should also inform your mortgage lender, as it might be able to assist you with recording your deed. - Source: Internet
  • It’s okay to use a Special Warranty Deed. Using this deed doesn’t mean that you shouldn’t move forward with your land purchase. Please don’t think that the other deeds in this post are useless, just because the Warranty Deed is the best of them! - Source: Internet
  • Property deeds are legal documents used in real estate that transfers ownership of real property from a grantor (seller) to a grantee (buyer). Real property is land or anything attached to the land, such as buildings or roads. For a deed to be legally operative, it must include the identification of the grantor and grantee and the adequate description of the property. - Source: Internet
  • A property deed is a written and signed legal instrument that is used to transfer ownership of the real property from the old owner (the grantor) to the new owner (the grantee). Historically, real property was transferred through a ceremonial act known as “livery of seisin.” In this act, the person transferring the land handed a twig or clod of turf from the land to the person taking delivery of the land. A verbal or written statement often accompanied the gesture, though it was the livery of seisin that legally transferred the title to the property. Today, the title to real property is conveyed by a paper deed. - Source: Internet
  • Certified copies of recorded documents are available from our “Public Access System.” Our records date back to 1784, and you are welcome to search our Public Access System for current and historical documents, including: deeds, mortgages, and satisfactions. You can access this system from your home or office computer. While our Public Access System works on a tablet or mobile phone, it is most functional on a computer. - Source: Internet
  • This deed guarantees that the grantor hasn’t already granted the title to someone else. With this deed, no one else can buy the property out from under you. It doesn’t guarantee that the title chain is clear (where a Special Warrant or Warranty Deed would), or that the property is free of liens and debts. - Source: Internet
  • A deed is used in real estate transactions to legally convey the property title and ownership to the grantee/buyer from the grantor/seller. Once a deed has been signed by all the required parties, it must be recorded in the County’s Clerk of Records office for it to be completely withstanding. Neglecting to file the recorded deed doesn’t mean you lose ownership of the property. It just becomes difficult to prove your ownership and can have all kinds of implications – like potentially losing your property to a county tax lien sale. - Source: Internet
  • The transfer of a property’s title is made by a deed. Certain essential elements must be contained within the deed in order for it to be legally operative. Different deeds provide various levels of protection to the grantee and the obligations of a grantor are determined by the form of the deed. Since deeds are important legal documents that affect ownership interests and rights, a qualified real estate attorney should be consulted in any transaction involving them, such as the closing of a home purchase. - Source: Internet
  • This may be used when a person dies intestate (without a will). A court-appointed administrator will dispose of the decedent’s assets and an administrator’s deed may be used to convey the title of real property to the grantee. Executor’s Deed: This may be used when a person dies testate (with a will). The estate’s executor will dispose of the decedent’s assets and an executor’s deed may be used to convey the title or real property to the grantee. - Source: Internet
  • I felt comfortable using a Special Warranty Deed in this specific situation. The grantee couldn’t remember the full history of their property, so they weren’t comfortable using a Warranty Deed. With a bit of extra work, I was able to get a copy of their deed and perform my title chain search even farther back from their ownership. - Source: Internet
  • The fifth and final type of deed we’re going to go over is the Grant Deed. A Grant Deed transfers ownership of a property from the grantor to the grantee in exchange for a pre-determined price. Unlike a Quitclaim Deed, the grantor and grantee usually don’t know and aren’t familiar with each other. - Source: Internet
  • A property deed is a legal document that actually transfers the property ownership. Deed and title go hand-in-hand. A deed must be a physical piece of paper, according to the Statute of Frauds. - Source: Internet
  • Like the other types of deeds mentioned here, it technically transfers the ownership of a property from the grantor to the grantee. What the Bargain and Sale Deed is really saying is it’s transferring the right to sell the property in the future. It doesn’t cover any guarantees around the title – which the actual legal right to owning the property! - Source: Internet
  • This may be used when a person dies testate (with a will). The estate’s executor will dispose of the decedent’s assets and an executor’s deed may be used to convey the title or real property to the grantee. Sheriff’s Deed: This is given to the successful bidder at an execution sale held to satisfy a judgment that has been obtained against the owner of the property. The grantee receives whatever title the judgment debtor has. - Source: Internet
  • Provide evidence to Land Registry about how the title deeds have been lost. This should include information about who was last known to hold the deeds and how they came to be lost or destroyed. Try to reconstruct the title deeds. You can do this by tracking down any draft paperwork with conveyancers and solicitors and putting them together to construct a draft history of property ownership. Provide proof of your identity and evidence of your association with the property. - Source: Internet
  • When you close on the purchase of a home or real estate, it is usually the job of your title or escrow agent to file your original deed—the document showing that you now legally own the property—in the appropriate government office in your county. This is called “recording” the deed. When done properly, a deed is recorded within hours of the closing, though it’s been known to take weeks. - Source: Internet
  • Official Public Records (OPR) include legal documents such as deeds, deeds of trust, liens, hospital liens, transfer of liens, release of liens, military discharges (DD 214’s), assumed name certificates, assignments, power of attorneys, affidavits, cattle brands, plats, and a variety of other important records. In Texas, property surveys are not recordable documents, so they are not typically maintained at the county level. We will only have a copy of a survey if it was recorded as an exhibit to another document, which is rare. - Source: Internet
  • The general warranty deed offers the grantee the most protection. With this type of deed, the grantor makes a series of legally binding promises (called covenants) and warranties to the grantee (and their heirs) agreeing to protect the grantee against any prior claims and demands of all persons whomsoever in regards to the conveyed land. The usual covenants for title included in a general warranty deed are: - Source: Internet
  • To add/remove/change name to your deed a new deed will need to be drawn up and recorded reflecting the change. Many people think they can come into the office and change the present recorded deed with a form, but that is not the case. We recommend you consult a real estate attorney or title company to have a new deed prepared and recorded. - Source: Internet
  • There are instances, however, where deeds are not properly recorded at all. Title agents commit errors, lose deeds, and even go out of business. Even county offices sometimes fail to record deeds that were properly submitted. Here’s what you can do to confirm that your deed has been recorded, and why it’s important to check this off your to-do list. - Source: Internet
  • In the first instance, if your deed is not recorded, there is nothing in the public record to stop the seller from conveying the property to another person. If the seller does in fact sell your property to someone else, and that person records their deed with the county clerk’s office before you, you could be in jeopardy of losing your property. Unlikely, but scary. - Source: Internet
  • Although recording statutes vary between U.S. states, they virtually all require that an interest in real property be formally recorded in the appropriate county office in order to be valid. The purchaser (or transferee) named on the last deed of record is recognized as the legal title owner of that parcel of property. - Source: Internet
  • If you have the deed signed and notarized, record it. In some counties, you can record a deed online with third-party services. Other counties require you to file deeds in person, at the records office. A quick call to the county will tell you which camp you’re in. - Source: Internet
  • It is relatively easy to confirm that your deed has been recorded. If there is a problem, discovering it before something worse has arisen could save you from expense and enormous inconvenience. Contact your attorney, title insurance agent, or real estate broker to learn more. - Source: Internet
  • Things have moved on a little in recent years. In 2003 the Land Registry began moving everything over to an online system. Nowadays, everything is recorded digitally and the Land Registry no longer keeps any paper copies of title deeds. - Source: Internet
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What Does A Condo Deed Look Like - 5 Types of Property Deeds in a Land Purchase

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