General Warranty Deed

What’s Covered In A General Warranty Deed?

The guarantees of a general warranty deed are known as covenants. Traditionally, there are six covenants of title which can be divided into present covenants and future covenants. The present covenants are:

• Covenant of Seisin. Guarantees the grantor has legal possession of the property.
• Covenant of Right To Convey. Guarantees that the grantor has the right to sell the property.
• Covenant Against Encumbrances. Guarantees the grantor has disclosed to the grantee any and all of the property’s encumbrances.

The future covenants of a general warranty deed are:

• Covenant of Warranty. Guaranteeing the grantor will protect the property against any claims of ownership from another party.
• Covenant of Quiet Enjoyment. Guaranteeing that the grantee will maintain the property’s ownership free of future interferences from third parties.
• Covenant of Further Assurances. Guaranteeing the grantor will continue to take steps towards fixing any encumbrances within the grantor’s title.

When To Use A General Warranty Deed

It is advisable to use a general warranty deed when:

• Finalizing the purchase of any real property.
• Transferring a property’s ownership to a trust.
• You suspect there are problems with a property and want to ensure the previous owner remedies them.

Those who prefer to have safety nets in place when making large investments, such as the purchase of a new property, will appreciate the reliable, all-encompassing coverage provided by the covenants in a general warranty deed. Our law firm can help businesses and individuals draft secure general warranty deeds, as well as any other documents needed for deed transfers!