In addition, we can write any deed that you may need. We can answer all of your questions about deeds and help you understand which deed would be best for you. The Quit Claim Deed is commonly used to express interest in a property or to transfer the property between family members or heirs.Īt Waugh Grant PLLC, we have board certified real estate attorneys who are experts in Florida Deeds. Essentially, a person who signs a Quit Claim Deed is saying that they cannot guarantee any sort of ownership in the property, but if they do have any ownership of a property, they are transferring it to the other party of interest. The Quit Claim Deed is used as a way to release or transfer property, with or without compensation, by someone who may or may not have ownership in the property. Therefore, there is no guarantee from the seller that they legally own the property being sold or transferred. Unlike the previous deeds discussed, the Quit Claim Deed does not convey “fee simple” title or covenants of title. A Special Warranty Deed is generally only used in the transaction of commercial properties, subdivisions, or condominiums. As a result, if the buyer discovers a problem with one of the five covenants that occurred before their seller purchased the property, the seller is not responsible for resolving any of those problems. However, unlike the Statutory Warranty Deed, the Special Warranty Deed only includes the time period that the seller had the property. It has the same five covenants of title in addition to “fee simple” title. The Special Warranty Deed is similar to the Statutory Warranty Deed.
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