![]() It’s the most buyer-friendly legal document available when it comes to the transferring of real property. If you plan on buying a home for yourself or a commercial property for your business in the near future, then you will need to know about a warranty deed. This type of deed transfers the property in the cleanest way possible to guarantee ownership. Along with a list of all past owners including their names, purchase price amount, mortgages (if any), and the sale dates. ![]() ![]() When a conveyance of land takes place the new owner is listed as the last known holder of the title. A general warranty deed, or “statutory warranty deed,” is a document that transfers the ownership of real estate with a guarantee in the title, vested in fee simple to the ownership of the property along with all past owners.
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