Deeds should be drafted by a professional. Errors made by non-professionals can be costly to correct if they can be corrected. You should have the deed drafted by a professional who is familiar with the conveyancing laws in Arkansas.
Deeds should be drafted by a professional. Errors made by non-professionals can be costly to correct if they can be corrected. You should have the deed drafted by a professional who is familiar with the conveyancing laws in Arkansas.
Deeds should be drafted by a professional. Errors made by non-professionals can be costly to correct if they can be corrected. You should have the deed drafted by a professional who is familiar with the conveyancing laws in Arkansas.
Deeds should be drafted by a professional. Errors made by non-professionals can be costly to correct if they can be corrected. You should have the deed drafted by a professional who is familiar with the conveyancing laws in Arkansas.
If husband is a grantee on the deed the answer is yes. If your grandfather conveyed the property to you alone the answer is no. If there are no judgments against your husband yet, or court actions in progress, then he should quitclaim his interest in the property to you. You should seek the advice of an attorney to explain your options and transfer the property to you if necessary.
Expressed warranty
Absolutely not. Only a warranty deed carries any warranty of title.Absolutely not. Only a warranty deed carries any warranty of title.Absolutely not. Only a warranty deed carries any warranty of title.Absolutely not. Only a warranty deed carries any warranty of title.
A warranty deed guarantees that a property owner has the clear title to a property and the right to sell it. Quit Claim assigns and interest to the property. Check with your state laws, but in many states the QC is enough.
The main types of deeds for transferring property ownership are warranty deeds, quitclaim deeds, and special warranty deeds. Warranty deeds provide the highest level of protection for the buyer, quitclaim deeds offer the least protection, and special warranty deeds fall in between.
They can provide car, van, motorbike and home warranties. If your possesions are under warranty and something happens to damage your property or it is stolen then as it is under warranty then it can be replaced. Your warranty premiums will go up though.
Both general warranty deeds and special warranty deeds can be used for real estate sales where a property is transferred between parties unfamiliar with each other. The difference is the extent of the coverage of the warranty.
A warranty deed is a legal document used in real estate transactions to transfer ownership of a property from one party to another. Its purpose is to guarantee that the seller has the legal right to sell the property and that there are no outstanding claims or liens against it. The warranty deed also provides a promise that the seller will defend the buyer against any future claims to the property.
You should seek the advise of an attorney if the state condemns your property just because, you would not sign the warranty deed to them.
No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.
I'm not an attorney. A warranty deed can go back to the original owner. Why not? The original owner can acquire the property again; there is no law against that. The deed might still be a warranty deed, but if the deed has become clouded in some way while under other ownership, the original owner might possibly not receive a warranty deed when he gets the property back.
Get StartedA Special Warranty Deed, also known as a Limited Warranty Deed, is a type of real property (i.e. land or a building like a house or apartment) deed where the grantor or owner of the property transfers (grants) and warranties title to their portion of interest in the property in which the grantor has title. A Special Warranty Deed is commonly used when a property is transferred between parties unfamiliar to each other as it provides certain warranties or safeguards for the Grantee or buyer against fraud. A Special Warranty Deed provides a guarantee to the buyer that the seller owns the property, has the right to sell the property free and clear of any debt (unless the debt is disclosed in the deed). Unlike a Warranty Deed, where the Grantor will defend the title to the property against any claims whatsoever against the title that resulted from defects under any prior ownership including the sellers' ownership, a Special Warranty Deed only guarantees the title against defects caused during the Grantor's ownership of the property. An example of a potential title claim/defect is a mortgage on the property that has not be satisfied. Without a warranty the Grantee has limited recourse in holding the Grantor liable for the unpaid mortgage. While the Grantee does not become responsible for paying the mortgage the Grantee will likely be unable to sell the property due to the cloud of title caused by the attached mortgage.** If the Grantor does not desire to provide any guarantees you should consider preparing a Quit Claim Deed.