| Real estate deeds are part of the process
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| | this deed.
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| of taking title in a property. Title is
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| | -Quitclaim. If the seller offers this
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| the right to hold an ownership interest
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| | type of deed, buyers should understand
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| in a property, the right is transferred
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| | that a quitclaim offers them the least
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| through a deed. There are several common
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| | protection of any deed type.
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| forms of deeds. Review the type of deed
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| | -Deed in trust, reconveyance deeds, and
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| that you will receive from the seller of
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| | deeds executed pursuant to a court order
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| the property you are purchasing with an
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| | are unique deeds and you should consult
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| experienced real estate attorney.
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| | an attorney about their use in your
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| -General warranty deed. This type of deed
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| | state.
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| ensures the grantee (buyer) the greatest
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| | -In most states basic deed requirements
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| protection. Investigate the laws in your
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| | include; the seller has the legal right
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| state pertaining to this deed type.
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| | to transfer the property, an identifiable
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| -Special warranty deed. This deed type
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| | buyer, a clause from the seller (grantor)
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| offers the buyer two guarantees from the
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| | conveying the property to the buyer
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| seller. The first guarantee is that the
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| | (grantee), a legal description of the
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| seller received title and the second one
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| | property (usually from a survey),
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| guarantees that the seller did not
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| | consideration (something of value), and
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| encumber (anything that lowers the value,
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| | the signature of the seller. The seller
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| use or enjoyment) the property during the
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| | must deliver a deed to the buyer and the
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| time the seller owned the property.
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| | buyer accepts. When all of these steps
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| -Bargain and sale deed. Has few
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| | are completed the title to the property
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| warranties offered by the seller to the
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| | will be passed from the seller to the
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| buyer. Buyers should require that title
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| | buyer.
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| insurance be issued in conjunction with
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