They are different.
When referring to loans secured by real property a deed of trust is the term (and process) used in some states for a loan secured by real estate. The property is transferred to a trustee until the loan is paid and then the trustee transfers the property back to the owner by a trustee's deed.
In many states a mortgage is used to secure real property that is used as collateral for a loan. When the loan is paid the mortgage is discharged.
Both terms have a different meaning when referring to conveyancing.
I'm a Texas probate attorney. An "executor's deed" just means the deed was issued by an executor. An executor's deed like any other deed can have a general warranty, limited warranty, or no warranty.
Answer & ClarificationGenerally, an executor's deed only transfers the decedent's interest in the property since the decedent's "estate" will be closed at some point and will no longer have assets to guarantee a deed several years later. It is not as good as a warranty deed. If you want to know what an executor's deed transfers then you must perform some title research to determine what the decedent owned at the time of their death and the status of their title.
Generally no. A trustee's deed is usually a quitclaim deed that transfers the interest of the trust in the property and warrants against any encumbrances that arose during the time the property was owned by the trust.
Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.
A Texas warranty deed is a warranty deed that is drafted based on the requirements of the Texas statutes. Texas also has a statutory warranty deed.
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.
That may refer to a 'corrective warranty deed'.
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.
A war deed is a warranty deed. http://en.wikipedia.org/wiki/Warranty_deed has nothing to do with military war.
That is the legal language that constitutes a warranty deed. The deed expressly guarantees the grantor's good and clear title free from encumbrances not listed in the deed. The grantor covenants they will defend the title from all claims.That is the legal language that constitutes a warranty deed. The deed expressly guarantees the grantor's good and clear title free from encumbrances not listed in the deed. The grantor covenants they will defend the title from all claims.That is the legal language that constitutes a warranty deed. The deed expressly guarantees the grantor's good and clear title free from encumbrances not listed in the deed. The grantor covenants they will defend the title from all claims.That is the legal language that constitutes a warranty deed. The deed expressly guarantees the grantor's good and clear title free from encumbrances not listed in the deed. The grantor covenants they will defend the title from all claims.
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.
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.
The difference is that a Limited warranty only offers warranty on objects that are labeled 87SQ-7681Qa76T. Sheriffs Deed is a deed that indicates your right for a object labeled QW786289-27252T.
Execute a new warranty deed. Write your name and the name of the person you want to add. Take the warranty to the notary public. Take the notarized deed to the land records.
A limited warranty deed warrants the title only for any problems that occurred during the seller's ownership. It does not warrant the title for anything that happened prior to the seller's ownership of the property. A buyer can sue the seller under a general warranty deed for title defects that occurred during prior ownerships but not under a limited warranty deed.