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Special
Warranty Deed Forms
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All
Special
Warranty Deed Forms Offered Here:
- Available for immediate
download
-
Fill in the blank on the
computer
- Meet
state statutory requirements
for content
- Formatted to meet local requirements for
recording
- Can be saved to your
computer and re-used
-
Include supplemental
forms that may be required by
state or county
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Each state has
its own
statutory requirements
for special warranty deed
forms. These
requirements determine the
content or text that is in the
deed.
Special warranty deeds must meet statutory
conditions for content and
format. In addition, many
local recording authorities add requirements for
margins, paper size, property
identification, and many other
details. If a deed form is not
in accordance with both the
local and state standards,
there may be additional fees
charged for recording or the
form may be rejected altogether. |
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The
special warranty deed guarantees
only the grantor's title against
his/her actions or omissions
during the grantor's period of
ownership. Unless specified in
the deed, a grantor only makes
guarantees with respects to
defects in title that arose only
when the grantor was in
possession of the property.
Trustees and executors
frequently use a special
warranty deed.
The
special warranty deed is usually
accompanied by title searches
and title insurance because the
seller could declare bankruptcy,
die, or have limited financial
resources. These elements
safeguard the interest of the
buyer against frauds and illegal
claims made by a third party.
Title
Insurance:
More
often than not, a grantee
(buyer) enlists the help of an
agency or an individual to
determine if any defects in the
property must be resolved prior
its purchase. Further, title
insurance can be purchased to
cover losses and problems
discovered afterwards.
Nevertheless, title insurance
can also elevate several other
legal issues, as a thorough
search of the public records may
uncover defects in the chain of
title. Thus, the special
warranty deed does protect the
buyer, but only to a certain
extent. |
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