Carlisle Mitchell – Houston – Special Warranty Deed – A special warranty deed is a deed in which the seller warrants or guarantees the title only against defects arising during the period of his or her tenure or ownership of the property. The grantor makes no warranty against defects existing before the time of his or her ownership.
A special warranty deed is less protective to the buyer than a general warranty deed. The grantor of a special warranty deed conveys the property with two warranties: that he or she received the title to the property; and, that the property was not encumbered during his or her ownership. The grantor of a special warranty deed warrants the title only against his or her own omissions and/or defects, and warrants nothing pertaining to the title prior to his or her possession.
- Follow Carlisle Mitchell – Insider Tips for Real Estate Investors on WordPress.com
- Inside Schwab’s Plan to Grow It’s Austin Empire
- Austin Business Leaders Raise $50 Million to Build New Hospital
- The economic impact of Baltimore riots
- In Baltimore, riots appear where urban renewal didn’t
- The Fastest-Moving Housing Markets
- Survey says: ‘Yes, we can retire’
- 88,000 apply to get in this ‘poor door’
Follow on TwitterMy Tweets