What is a Special Warranty Deed?
A Special Warranty deed is a type of deed where the grantor (person who owns the property) guarantees that the title is clear during the period of his ownership of the property only. The person selling the house does not guarantee against defects in the title that may have existed before his ownership. A Special Warranty deed generally uses the language, by, through or under the grantor but not otherwise.
A special warranty deed is a type of property transfer deed in which the seller only warrants a good title to the buyer for the time he owned the property. An example would be like the seller had purchased the property in 2001, he will only be warranting good title from 2001. He will not be liable for anything wrong that may have happened to the title before that, like someone forged a previous owner’s signature on a deed in 1990 and had sold the property to another person.
Related Questions
- The Water Rights that I receive by Special Warranty Deed says I can pump 0.47 acre feet annually. How much water is that and is that enough for my families needs?
- Im confused by all the different kinds of deeds -- quitclaim deed, grant deed, warranty deed. Does it matter which kind of deed I use?
- What is a Special Warranty Deed?