Deeds
Deeds
A deed is a legal document used to transfer ownership of real property, such as land or a home, from one party to another. It’s an essential element of real estate transactions and plays a critical role in defining property rights and legal obligations.
Types of Deeds
Warranty Deed
This type of deed provides the highest level of protection to the buyer, as it guarantees that the seller has the legal right to sell the property, and the property is free from any undisclosed liens or encumbrances.
Quitclaim Deed
A quitclaim deed transfers the seller’s interest in the property to the buyer without making any guarantees about the property’s title. It is often used in situations where there is a high level of trust between the parties, such as transferring property within a family or between spouses.
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