Posted on: 20th Jan, 2009 08:22 pm
i want to compre it to a quit claim deed.
Hi Guest,
Quit claim deed is a legal document that helps to transfer your share of interest in the property which may include house, land, mobile home and others to another individual. The person giving the property through quitclaim deed is known as grantor while the one who accepts it is the grantee to the property.
Warranty deed is used when a person wants to sell off the property or transfer it to someone. It is a deed which guarantees that as a grantor or seller, you hold the title free of liens and clear and have the right to sell or transfer the property to the grantee.
Thanks
Quit claim deed is a legal document that helps to transfer your share of interest in the property which may include house, land, mobile home and others to another individual. The person giving the property through quitclaim deed is known as grantor while the one who accepts it is the grantee to the property.
Warranty deed is used when a person wants to sell off the property or transfer it to someone. It is a deed which guarantees that as a grantor or seller, you hold the title free of liens and clear and have the right to sell or transfer the property to the grantee.
Thanks