Warrant Deed Question Need ASAP answer
I am having a owner convey a property to me by way of a warranty deed. I am paying $15000 in back taxes and giving the owner $500 in cash. On the warranty deed is says:
Grantor does hereby swear or affirm that the actual consideration for this transfer or value of the property transferred, whichever is greater, is $ ____________ which amount is equal to or greater than the amount which the property transferred would command at a fair voluntary sale.
What do I put in the blank? $500 $15500? Or does it need edited? Please help. Must get in the mail tomorrow.
Thanks,
Tim
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