Saturday, June 2, 2012

What's the difference between a Quitclaim Deed and a Warranty Deed

Quit Claim Deed - What's the difference between a Quitclaim Deed and a Warranty Deed.
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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Quit Claim Deed . Warranty Deed: full warranties of title; the grantor warrants to the grantee that he owns the land and has the right to convey title to the land; and that the grantor will defend title to the land against all persons. Quitclaim Deed: the grantor conveys to the grantee only whatever interest the grantor has in the land without any warranties of title -- the grantee receives only what the grantor had. Special Warranty Deed: the grantor provides limited warranties of title; warranties are the same as they are in a warranty deed except that the grantor will defend title to the land only with respect to the acts of the grantor and persons claiming by, through, or under the grantor. The foregoing information is for educational purposes only. It is not meant to be legal advice. You should hire a qualified attorney to assist you with all of your legal matters.
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1 comment:

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