Maryland Real Estate Lawyers: Real Estate Deed Transfer with Warranty Deed or Special Warranty Deed
There is often confusion over the best way to transfer property in Maryland. There are several factors that must be considered such as: where you live, the nature of the transaction/property, and the parties involved in the deed transfer. Answers to these and other related questions will lead you to the correct legal choice for your deed transfer.
Call or e-mail now for a free confidential consultation to discuss your options in transferring property and to arrive at the correct legal decisions, or to have someone removed from or added to a property deed: Maryland deed transfer attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.
Warranty Deed vs. Special Warranty Deed
The essential difference between a Maryland Warranty Deed for real estate and a Special Warranty Deed, is that that guarantees in a Warranty Deed cover the entire history of the property whereas the guarantees in a Special Warranty Deed cover only the period of time for which the seller owned the property.
If there are difficulties with the Deed in the future, the seller in a Warranty Deed must defend the title against all claims and compensate the new Deed owner for any debt or damages. The seller in a Special Warranty Deed is only responsible for the debt and damages directly caused during the seller’s ownership of the property.
For a free confidential consultation to discuss this and other deed transfer issues, contact Maryland deed transfer attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.
Day, evening and weekend appointments are available in office or at your residence; serving client throughout Maryland.
- Posted by reichertlegal
- Posted in Property Deed Maryland, Property Law Maryland, Property Title Service Company Maryland, Property Title Service St. Mary's County Maryland, Property Title Services Kent County Maryland, Real Estate Law Maryland, Real Estate Lawyer Baltimore Maryland, Real Estate Lawyer Caroline County Maryland
- Feb, 05, 2014
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