Printable Warranty Deed

The drawback of the warranty deed.

Printable warranty deed. If the seller of the property dies or goes bankrupt then the buyer is not left with any option as the warranty becomes void. The warranty deed is not without flaw. A warranty deed is a preferred method of transfer as it provides the grantee buyer with guarantees that the property purchased is free of debt or other liens and that the grantor seller has the authority to sell the property. Warranty deeds differ by state as does the degree of protection they offer to the grantor and grantee.

Any seasoned real estate professional will suggest you to make negotiations for the real estate between both of you using a warranty deed. In witness whereof the grantor has executed this deed on the date set forth above. A warranty deed is commonly used to transfer interest in a property or land to a new owner in exchange for an agreed upon sale price. When a conveyance of land takes place the new owner is listed as the last known holder of the title.

Therefore it is advisable that the buyer also buys a title insurance to safeguard himself against any defects of title. Grantor grantor witness if required witness if required. Only those who lack real experience may be unsure about using a warranty deed template and forms though it really makes the transactions easier in between the interested parties. If you have a warranty deed however you have the right to remedies primarily in the form of suing for damages ie monetary compensation.