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Warranty Deed

Warranty Deed

A document that certifies that the seller legally owns the property being sold and that it is free and clear of any liens or encumbrances. The warranty deed is an important piece of paperwork because it offers protection to the buyer in case any ownership or title issues arise after the sale has taken place. For example, if an easement had not been disclosed prior to the sale, the buyer can use the warranty deed to pursue legal action against the seller. This document also confirms the transfer of the title from the seller to the buyer, thereby giving the latter complete ownership rights over the property. In summary, the warranty deed plays a key role in ensuring that the buyer receives a clear title to the property, devoid of any legal disputes or liabilities.
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