What is a general warranty deed?
A general warranty deed is a deed used to legally transfer real property from one person to another. This type of deed offers the most protection for the buyer. A general warranty deed must include the following:
Name and address of the seller (grantor), Name and address of the buyer (grantee), a legal description of the property, A statement that the grantor is transferring property to the grantee, a statement that the grantor is the legal owner and has the right to transfer it, a statement that there are no legal claims against the property by creditors, a guarantee to the grantee by the grantor that if any claims do emerge, the grantor will compensate the grantee.