Frequently Asked Question - What are the different types of deeds?
Frequently Asked Questions
What are the different types of deeds?
The three most common types of deeds are, General Warranty Deed, Special Warranty Deed and Quitclaim Deed. The seller in a Warranty Deed must defend the title against all other claims and compensate the buyer for any unsettled debts or damages. The seller in a Special Warranty Deed is only responsible for debts and problems accrued or caused during his ownership of the property. A quitclaim deed releases a person's interest in a property without stating the nature of the person's interest or rights, and with no warranties of that person's interest or rights in the property.