Property Deed Transfers
in Martinsburg, WV
What is a Deed to a Property?
The deed to a property transfers property from one owner to another. This written legal document contains the name of the owner, a description of the property, and the name of the grantee, or the person obtaining the property. The most common type of deed is a warranty deed. This type promises that the title is marketable. When using a special warranty or quitclaim deed, the grantee receives less protection against property claims. When transferring ownership of a property, it is best to seek the help of an experienced lawyer. Call the Law Office of Trump & Trump, L.C. in Martinsburg, WV, at (304) 267-7270, or our Berkeley Springs, WV, office at (304) 258-1414 for a consultation.
Understanding the Types of Deeds
When transferring a property, both parties must fully understand what they are signing. The different types of property deeds include:
Warranty Deeds: Warranty deeds provide the most protection to the grantee. The grantor is responsible for any claims made against the grantee after the sale, regardless if they knew of them before the transfer or not.
Special Warranty Deeds: Offers less protection than a warranty deed. Special warranty deeds only cover defects that occurred while the grantor owned the title.
Grant Deeds: Grant deeds guarantee that the grantor owns the property, and that the title was not transferred before.
Bargain Deeds: Guarantee that the grantor owns the property.
Quitclaim Deeds: While simple to complete, a quitclaim deed provides no security for the grantee. There is no guarantee that the grantor has any interest in the property, or that the title is good.
Why Do I Need a Lawyer to Transfer a Deed?
No matter if you are the grantor or grantee, it is always best to seek legal help when transferring a deed. Deeds are very intricate legal documents, and it is crucial to include and understand all necessary information. Trust the lawyers of Trump & Trump, L.C. to represent you during a property transfer in Martinsburg, WV, and the surrounding areas. Contact us today for a consultation.