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Special warranty deed vs general warranty deed?
Special warranty deeds are becoming more common. A general warranty deed is a promise to the buyer that the seller will warranty any prior problems with title, not just during the seller's ownership,...
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Can a master deed be converted to a warranty deed?
No. Those are two completely different legal instruments. A Master Deed is the instrument that is used by a condominium developer (sponsor) to convert a single property to a scheme of individually...
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Is a trustee deed as good as warranty deed?
Generally no. A trustee's deed is usually a quitclaim deed that transfers the interest of the trust in the property and warrants against any encumbrances that arose during the time the property was...
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Is a quitclaim deed the same as a mortgage deed?
No. A quitclaim deed transfers the property to a new owner permanently. A mortgage deed is a conditional deed that transfers title to the bank only until the mortgage is paid and then the bank must...
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Is a deed of trust the same as a trustee's deed?
They are different. When referring to loans secured by real property a deed of trust is the term (and process) used in some states for a loan secured by real estate. The property is transferred to a...