Warranty Deed Or Quitclaim Deed For A Sub2
A warranty deed states that the grantor is the rightful owner and has the right to transfer the title but it also states that there are no outstanding claims on the property from lenders using it as collateral. If that is the case wouldn't be better to use a quitclaim deed which states I' m not warranting what i own but I'm transferring what i do own to you. Although a bit riskier which should I do as I have a deal in place? Thanks in advance
Arseknow
Find another Warranty Deed. One that doesn't state that there are no outstanding claims on the property. Not all documents are worded the same. A good Real Estate Attorney can likely draw one up for you that meets your state's requirements.