A Warranty Deed is a type of dead used in real estate. It guarantees that the seller owns the piece of real estate in question. A warranty dead also guarantees certain provisions:
1) There are no hidden debts or holds on the property which are not expressly documented in public records.
2) The seller promises that if his/her title of ownership should ever be proven false, he/she will compensate the seller for any losses the seller might incur as a result.
3) That because the seller is the official owner of the piece of real estate, he/she has the legal right to sell it to the buyer.
A Warranty deed offers the greatest protection in any real estate deed transfer.
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