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No. A bargain and sale deed is not the same as a warranty deed. The primary difference is that a bargain and sale deed does not guarantee that the seller holds clear title to the property.
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I wish to add my wife's name to my deed Do I use quitclaim or Bargain Sale deed?
you can use quit claim deed
What is the difference between Grant Deed and Trustee's Deed Upon Sale in CA?
A grant deed is an instrument used to transfer an interest in real estate to a new owner. In some jurisdictions this is called a warranty deed.In some jurisdictions, a deed of trust is an instrument recorded by a lender as security for a loan. This is commonly referred to as a mortgage. In other jurisdictions a deed of trust may be used to refer to a deed that transfers real property to a trustee of a trust.
Bargain and Sale Deed?
Get StartedA Bargain and Sale 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) their portion of interest in the property in which the grantor has title. A Bargain and Sale Deed is commonly used when a property is transferred between parties unfamiliar to each other as it provides certain safeguards for the Grantee or buyer. A Bargain and Sale Deed can be drafted to provide a guarantee to the buyer that the seller owns the property free and clear of any debt (unless the debt is disclosed in the deed). This type of deed can also be drafted without such a guarantee in the event the Grantor has disclosed existing indebtedness to the Grantee.**If the Grantor desires to provide a guarantee against problems with the title regardless of when or under whose ownership they occurred, a Warranty Deed is more appropriate. If the Grantor only wishes to guarantee against problems with the title to the property through the time the Grantor owned the property a Special Warranty Deed is needed. If the Grantor does not desire to provide any guarantees regarding title or the seller's authority to sell the property free and clear of debt, then a Quit Claim Deed is best.
How do you fill out bargain and sale deed?
You will need to get one of these from your local government office. Then you can just fill it out and have both parties sign it.
Does a warranty deed for a short sale require spouses signature in house was purchased prior to marriage?
Yes
Why should a contract for the sale of real estate specify that a warranty deed instead of a quitclaim deed must be delivered?
A warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.A warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.A warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.A warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.
Can a Notary Public notarize a Bargain and Sale Deed for her Grandmother giving one half interest in real estate to her mother if the Notary is in direct line to inherit the property?
no
Consenting deed for the sale deed?
How do you add a name to a deed
What is a bargain sale deed?
This is a means of transferring ("selling") real estate from one owner to another without triggering specific warranties of any kind, although it does appear to convey whatever ownership the grantor actually has, without using the words convey or grant. It is somewhat different from a quitclaim deed in which the grantor does not claim to have actually had any interest in the property, but grants whatever he may have had, if any, to the grantee.
What is a bargain and sale deed?
This is a means of transferring ("selling") real estate from one owner to another without triggering specific warranties of any kind, although it does appear to convey whatever ownership the grantor actually has, without using the words convey or grant. It is somewhat different from a quitclaim deed in which the grantor does not claim to have actually had any interest in the property, but grants whatever he may have had, if any, to the grantee.
What is the difference in ownership rights with a Grant deed and a Quit Claim deed?
Grant Deed gives permission to use or occupy land. A Quit Claim is usually used to simply change the name on a title of land/house within the family, without going through all the documents of an actual sale. If your father is putting the house in your name, there's no sale. He would just file a Quit Claim to change the name. A Grant specifies which rights are being transferred as well as what warranties are being made.Slightly different than the above explanation - a quit claim does not actually claim to have and transfer anything..it says the givor is agreeing to give up the rights, if any - that they may have.Hence the name - "quit claim" - someone says they won't make a claim, even if they could.
Can a Quit Claim Deed from bank or tax foreclosure be converted to a Warranty Deed?
No. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.No. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.No. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.No. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.
