WARRANTY DEED

Are you the sole owner of property you wish to sell?

Does your buyer have cash to make the purchase? Are you willing to accept a down payment and execute a contract for the remaining payments? Then this is the form you need. Download your WARRANTY DEED for free, from this site.

The WARRANTY DEED is used when conveying full title to real property. It can be used for a cash transaction, or executed and held by a third party escrow until such time as all purchase monies have been paid.

This legal instrument is executed prior to final payment as a safeguard to the buyer. Should the seller fall ill, expire, or relocate to a place where he or she cannot be contacted, the deed is in place, ready to convey, when the final payment is made. It also binds the seller's heirs to honor the terms of the purchase.

This document is signed in front of a notary and is recorded either when the cash sale is finalized or when the escrow holder receives and processes the final payment.

It also serves another function in that it gives the buyer the seller's guarantee that he or she owns the property in question and has a right to sell it. The seller is promising that no one else has a claim and that he or she will defend any and all claims in the future. This aspect of the agreement is also binding on heirs and assigns of the grantor (seller.)

If you are selling a property that you own outright, your property has no liens other than property taxes, and you are making an all-cash sale to another party, you can use this form to transfer ownership without the aid of an attorney.


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WARRANTY DEED