warranty deed

A warranty deed is one in which the seller, when transferring the title to you, warrants that he owns the property free and clear of all liens. A quitclaim deed is a deed that says, 'I'm not warranting what I own, but I'm transferring what I do own to you" So if you owe money on a home and you want to add someone else to the deed, they would use the Quit Claim Deed.. if they sell it, they would issue a Warranty Deed to the new owners... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Warranty deed is a deed in which the seller warrants or guarantees the title only against defects arising during the period of his or her tenure or ownership of the property. The grantor makes no warranty against defects existing before the time of his or her ownership

A Quit Claim deed is just what it says. A Party quits claim to the property. Usually these are filed when a spouse is removed from title or added to title. The Warranty Deed is usually the deed issued at the time of purchase. There are several names for different functions deeds can serve. Hope this helps.

A general warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer). The guarantee is not limited to the time the grantor owned the property--it extends back to the property's origins