Realtors

Placeholder profile

Loida

loidaaliciajimenez@gmail.com
LIC: 0227409
07003
P: 9739875582

Alex C.

info@8285506611.com
LIC: NC 259821
80 Grouse Point Rd, Hot Springs, NC 28743
P: 828-550-6611

Robin and Les

wrigley@realtor.com
LIC: 00853245, 00853244
349 Avila Road, San Mateo, CA 94402
P: 650-483-7661

What is the difference between a Warranty Deed and a Quit Claim Deed?

April 1, 2020

Warenty deed

A Warranty Deed is the transfer of real estate from one person to another, which warrants good and clear title to the real estate transferred. This means that the grantor (the person issuing the Warranty Deed) will defend and guarantee the worthiness of title to the grantee (the purchaser or person receiving the property) against any persons or entities making claims against the property.  In many states, a Warranty Deed often includes some or all of the following covenants: seisin, quiet enjoyment, right to convey, freedom from encumbrances, and defense of title against all claims.

In a Quit Claim Deed, the grantor transfers to the grantee all the right, claim, or interest in the real estate that the grantor possesses. It does not contain any of the covenants or warranties found in a Warranty Deed. It does not covenant or warrant that the grantor's interest in the real estate is valid, but simply transfers any interest, claimed by the grantor, to the grantee.

A Warranty Deed provides a buyer of real estate property far more protection than a Quit Claim Deed.

Authored by | Published: