A General Warranty deed is a type of deed where the grantor (person with ownership interest) guarantees that he holds a clear title to a piece of real estate. The grantor not only guarantees he received a clear title from the previous owner of the property, but also that no other individuals, past or present, retain an interest in the property.
If title is later discovered to not be clear (also known as "defective" title or has a "cloud" on it), then the grantor may be liable to the person who purchased the property. Common defects in title include mortgage claims, tax liens, title claims, judgments, and mechanic's liens.
A General Warranty deed is used in most real estate deed transfers, as it provides the greatest protection of any deed. It is also known as a Grant Deed in some states.
A person who makes a General Warranty (the "Grantor") promises many things, both now and in the future. If these promises (called "covenants") are broken, the person making the promises can be liable.
Purchasing real estate is a significant investment and contacting a property attorney may provide you with information regarding the laws in your state and any further assurances, such as examining a title insurance policy. Even though a general warranty deed provides the most protection amongst all other types of deed, there are situations where more protection for buyers is needed. If the grantor has died or is not able to follow through on a promise if something happens in the future, title insurance may provide further protection.
Last Modified: 05-30-2018 10:27 PM PDTLaw Library Disclaimer
We've helped more than 4 million clients find the right lawyer – for free. Present your case online in minutes. LegalMatch matches you to pre-screened lawyers in your city or county based on the specifics of your case. Within 24 hours experienced local lawyers review it and evaluate if you have a solid case. If so, attorneys respond with an offer to represent you that includes a full attorney profile with details on their fee structure, background, and ratings by other LegalMatch users so you can decide if they're the right lawyer for you.