General Warranty Deed and Special Warranty Deed

general warranty deed and special warranty

The main difference between a general warranty deed and a special one is the extent of the promises made to the buyer. A general warranty deed, for example, guarantees that a buyer will own a property free of any liens or other issues. A special warranty deed, on the other hand, only protects a buyer’s ownership rights for the time during which the seller owned the property.

General Warranty Deed and Special Warranty Deed Comparison

A general warranty deed is the most secure way to transfer a property. A special warranty deed, on the other hand, is not as secure as a general warranty deed, but it is still among the most secure property transfer methods. This type of deed guarantees the free title of the property. A general warranty deed is also the gold standard of property transfer, and most lenders require it for properties they loan money to.

Unlike a general warranty deed, a special warranty deed only covers the period of time that the seller will own the property. During that time, the seller will be responsible for defending the title and compensating the buyer for any damages. In contrast, a general warranty deed does not include representations regarding prior ownership, so it is not recommended for people who don’t want to offer any guarantees to buyers.

Title searches are necessary when purchasing property. They uncover any liens or claims against the title. This process involves examining public records to discover encumbrances on a property. Title searches can be conducted by an attorney, title company, or even an individual. Title searches can be extensive, so they can miss certain liens. Therefore, many buyers purchase title insurance, which protects them against future claims.

A general warranty deed guarantees the buyer that the seller holds a clear title to the property. This warranty extends back to the sovereign. This warranty also means that the property is free of any liens or other encumbrances. In other words, the seller guarantees the buyer that the property is free from any defects. It is a general warranty deed that is used most often for residential sales.

A general warranty deed provides the grantee with title protection, while a special warranty deed only protects the buyer against claims based on previous ownership. A special warranty deed may be better for specific situations. A special warranty deed is more restricted, and many mortgage lenders require a general warranty deed for their loan applications. If you plan to sell your home, it is imperative to get a general warranty deed, as it will protect you from liens or other issues that can negatively affect the value of your property.

Costs of General and Special Warranty Deed

A warranty deed or special warranty deed is a document that transfers ownership of a property. It typically reflects the seller’s intentions regarding the property, as well as any debts or encumbrances attached to it. It is often used in commercial real estate transactions, where the seller is likely to have multiple owners or a convoluted ownership chain. However, these documents are not required for all property sales, and the costs of filing a warranty deed and obtaining a special warranty deed may be higher than the costs of buying one of these documents.

Using a special warranty deed limits the timeframe during which a grantor’s rights are protected. While a general warranty deed covers the entire history of a property, a special warranty deed focuses only on the present period of title ownership protection. These documents are most commonly used in commercial and residential property transactions, although many mortgage lenders insist on the general warranty deed.

A warranty deed is an important legal document that provides the highest level of protection to a property buyer. They are used to obtain title insurance and mortgage financing. Basically, the grantor must own the property legally and be in a position to transfer it. They must also do everything possible to ensure that the title to the property is free of any encumbrances and the grantee’s ownership is clear. Otherwise, the buyer may sue the seller.

While a general warranty deed is the gold standard for property transfers, a special warranty deed only covers the property’s title for a specific period of time. The special warranty deed provides a buyer with peace of mind that the property is free of all encumbrances and defects that may have existed during the previous owner’s ownership. A special warranty deed is commonly used in commercial real estate transactions.


If you’re selling a house, you need a formal document to transfer ownership of your property. The warranty deed template is an excellent way to draft one. It’s short and sweet, but also contains legal language that your buyer and seller should know. It also mentions the rights of the seller and buyer and the law that protects these interests. Using a warranty deed template is a great way to ensure that your transaction goes smoothly.

In addition to using a legal document, a warranty deed or special warrantee can protect you from potential legal issues. These types of documents ensure that your property is free from liens and claims. It’s important to check public records and avoid putting yourself in a position to be sued later on for defects. You can get a free template for a warranty deed online. Fill out all of the pertinent information, including the date of the transaction, full names of the current and new owners, and the amount of the transfer. Once signed, the deed should be notarized.

A New York warranty deed template helps automate legal workflows by eliminating the need for printouts and providing detailed instructions for all parties. This form is part of a signNow web-based DDD, which simplifies workflow management and optimizes qualified document management. Its advanced tools guide users through an editable PDF template. It is easy to use and secure. Make sure to have a stable internet connection and a device to work on when working on templates.

When creating a warranty deed, the first thing to include is the names of the seller and the buyer. You must make sure that both parties’ physical addresses are listed on the warranty deed. If the address is a post office box, it’s best to avoid using it. A legal warranty deed should also specify the state and county of the property. Finally, it’s crucial to notarize the warranty deed and get it signed by a notary.

Common uses Of General Warranty Deed and Special Warranty Deed

One of the most common uses of a warranty deed is in the foreclosure process. The bank can legally sell a property to a new owner when it forecloses on the previous owner. Using a special warranty deed, however, offers the new buyer no protection before foreclosure because the new owner has no guarantee that the title is clear. Instead, the buyer will have to rely on the seller’s representations.

Special warranty deeds are most commonly used in commercial real estate transactions. Commercial real estate often has a history of multiple owners, including foreclosures. This type of deed will protect the current owner of a commercial property from a previous owner’s defaults. A quitclaim deed, on the other hand, is typically used when ownership of property is not transferred through a traditional sale. These deeds can protect the buyer, but the seller must also sign signature blocks and notary acknowledgements before the transfer can take effect.

In addition to its transfer of ownership, a warranty deed also transfers the title of the property to a new owner. This document also comes with several guarantees from the seller, including that the property is free of any outstanding liens, mortgages, or other issues. This is particularly useful if a buyer is in the market for a house. So what are some of the common uses of a warranty deed?

In general, a warranty deed transfers ownership of real property. In a special warranty deed, the seller guarantees that the property will not have any title problems while it is in his possession. However, the special warranty deed does not guarantee title defects before the seller has even sold the property. A special warranty deed is frequently used in foreclosed properties or bank-owned properties.