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What is a Warranty Deed?

A warranty deed a legal document used when a property is sold. It offers a guarantee from the seller (grantor) to the buyer (grantee) regarding the title and ownership of the property. There are different types of warranty deeds, but a general warranty deed typically guarantees that:

  • The seller has the legal right to sell the property.

  • There are no outstanding liens or encumbrances (claims against the property) that would prevent the buyer from owning it free and clear.

  • The seller will defend the buyer's ownership if someone challenges it in the future (usually within a certain timeframe).

Would you like to learn more about Real Estate? Have you ever wanted to become a New Jersey Real Estate Salesperson License holder? Want to know more about being a New Jersey Licensed Real Estate Agent? Click on the link for the schedule of our upcoming classes for Real Estate:

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When I bought my home I went to a real estate agency and signed Warranty Deed papers, These guarantee papers prove we bought and the seller sold the house with his Willingness.

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