Difference between revisions of "Deeds in Missouri"
From WFG Wiki
Davidjenkins (talk | contribs) (Created page with "A general warranty deed is customary to convey title. This form warrants the title against the acts of all others. A special warranty deed is often used by lenders who take ti...") |
Davidjenkins (talk | contribs) |
||
| Line 1: | Line 1: | ||
| + | ==Overview== | ||
| + | |||
A general warranty deed is customary to convey title. This form warrants the title against the acts of all others. A special warranty deed is often used by lenders who take title through foreclosure. This deed warrants against acts of the grantor only. Quitclaim deeds are also used. This form makes no warranties, but is effective to transfer whatever title the grantor has. | A general warranty deed is customary to convey title. This form warrants the title against the acts of all others. A special warranty deed is often used by lenders who take title through foreclosure. This deed warrants against acts of the grantor only. Quitclaim deeds are also used. This form makes no warranties, but is effective to transfer whatever title the grantor has. | ||
* Owners of single family residential properties normally convey by general warranty deed. | * Owners of single family residential properties normally convey by general warranty deed. | ||
| Line 4: | Line 6: | ||
* A general warranty deed is normally used for commercial transactions. | * A general warranty deed is normally used for commercial transactions. | ||
* Quitclaim deeds can be used in Missouri and have the protection of the recording acts. | * Quitclaim deeds can be used in Missouri and have the protection of the recording acts. | ||
| + | |||
| + | ==Cross-References== | ||
| + | * [[Missouri]] | ||
Revision as of 17:33, 6 August 2018
Overview
A general warranty deed is customary to convey title. This form warrants the title against the acts of all others. A special warranty deed is often used by lenders who take title through foreclosure. This deed warrants against acts of the grantor only. Quitclaim deeds are also used. This form makes no warranties, but is effective to transfer whatever title the grantor has.
- Owners of single family residential properties normally convey by general warranty deed.
- Fiduciaries convey by special warranty deed or by trustee's deed.
- A general warranty deed is normally used for commercial transactions.
- Quitclaim deeds can be used in Missouri and have the protection of the recording acts.
