Nc Warranty Deed

Nc Warranty Deed Updated September 07 2023 A North Carolina general warranty deed is used to legally transfer property in North Carolina from one person to another A warranty deed comes with a guarantee from the seller that the property has clear title

A North Carolina special warranty deed is used to convey property from a grantor seller to a grantee buyer with a limited guarantee that there are no liens or encumbrances on the title during the grantor s ownership Although the deed does not guarantee clean title from past owners A warranty deed is a common real estate deed in North Carolina used to transfer title to real property A typical warranty deed contains covenants of seisin right to convey marketability of title freedom from encumbrances and covenants of warranty from the grantor to the grantee

Nc Warranty Deed

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Nc Warranty Deed
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And the Grantor covenants with the Grantee that Grantor is seized of the premises in fee simple has the right to convey the same in fee simple that title is marketable and free and clear of all encumbrances and that Grantor will warrant and defend the title against the lawful claims of all persons whomsoever except for the exceptions stated December 28 2022 You re negotiating to buy a piece of real estate and your attorney tells you that the seller is proposing to give you a Special Warranty Deed in exchange for all of the money you will pay Special Warranty Deed that sounds nice doesn t it But what does that term really mean

North Carolina General Warranty Deed Form This Space for Recorder s Use Only North Carolina General Warranty Deed State of North Carolina County of This instrument was prepared by Once recorded return to KNOW ALL MEN BY THESE PRESENTS that for and in consideration of the sum of US Dollars in hand paid to NORTH CAROLINA GENERAL WARRANTY DEED THIS DEED made this day of 20 by and between GRANTOR GRANTEE DEPARTMENT OF TRANSPORTATION an agency of the State of North Carolina 1546 Mail Service Center Raleigh NC 27611 Enter in appropriate block for each party name address and if appropriate character of entity e g corporation or partnership

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North Carolina recognizes various deed types one common form is the General Warranty Deed General Warranty deeds provide the grantee the new titleholder several protections from the grantor the former titleholder There are six covenants in a general warranty deed I the undersigned certify that the following persons personally appeared before me this day showing satisfactory evidence of identity and acknowledged the due execution and authority to execute the foregoing instrument in the capacity indicated above Insert Typed Name Date My Commission Expires

A North Carolina general warranty deed is a legal instrument that transfers property rights from a grantor old owner to a grantee new owner and warrants the validity and quality of the property title General warranty deeds contain a promise that neither the grantor nor any previous owner has caused or suffered any title encumbrances THIS GENERAL WARRANTY DEED Deed is made on the day of 20 by and between GRANTOR GRANTEE Enter in the appropriate block for each Grantor and Grantee their name mailing address and if appropriate state of organization and character of entity e g North Carolina or other corporation LLC or partnership

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Nc Warranty Deed - A warranty of title in North Carolina refers to the guarantee a seller provides to a buyer in some deeds A warranty of title consists of one or more promises or covenants of title about the property s title A North Carolina with a full warranty includes the following covenants from the seller Covenant of seisin