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My Florida Deed > Tampa Warranty Deeds

Tampa Warranty Deeds

Warranty deeds allow one person to legally transfer the title of their real property. The warranty deed is the most comprehensive of all deeds in the state, including the grant deed and the quit claim deed. Unlike other types of deeds, a warranty deed will include a guarantee that protects the new owner of the property. Our Tampa warranty deed lawyer can guide you through the deed process.

What is a Tampa Warranty Deed?

All deeds are legal documents that transfer the title of the property to another person. Deeds include the name of the grantor, or the person transferring the property, and the name of a grantee, the person that will become the new owner of the property. Deeds also contain language that provides for the conveying of the title. That language within a warranty deed is more comprehensive than the language contained in other types of deeds, including quit claim deeds and grant deeds.

What Does a Tampa Warranty Deed Do?

Warranty deeds accomplish two tasks. The first is that they convey title from the grantor to the grantee. Warranty deeds also provide a title guarantee from the grantor to the grantee. The guarantee is essentially a promise, or a warranty, that the title to the property is legal and that it does not contain any defects. Under Florida law, all warranty deed must include the same title guarantees.

What are the Benefits of a Tampa Warranty Deed?

While a Tampa warranty deed does provide a great deal of protection, there are still times when issues arise. When that is the case and the new owner finds in the future that the title on the property is not good and legal, they can sue the previous owner to recover monetary compensation for any losses caused by the defective title. In these cases, it does not matter if the grantor caused the defect in the title. This is due to the fact that under a warranty deed, the grantor guarantees that no previous interest in the property creates a defect or cloud on the title to the property.

How to Record a Tampa Warranty Deed

Under state law, grantees are required to record a copy of any warranty deed in the local county land records office where the property is located. To record the deed, you must pay a small fee and file a copy of the warranty deed to make it a matter of public record, and available for the general public to view. The only way to protect the grantee’s interest in the property is to record the warranty deed.

Let Us Help with Your Warranty Deed in Tampa

Warranty deeds are important legal documents in many real estate transactions but sometimes, mistakes are made. At My Florida Deed, we can provide you with the necessary form for your Tampa warranty deed and make sure it meets all requirements, so you are fully protected. Call us today at 407-205-2906 or fill out our online form to schedule a meeting with one of our attorneys and to learn more about how we can help.

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WARRANTY DEED

A Warranty Deed conveys property from the old owner (Grantor) to the new owner (Grantee) together with a guarantee that the Grantor has legal right, title, and interest in the property being conveyed and is authorized to do so. The warranty being given by the Grantor assures the Grantee that no one else has a valid ownership claim in the property. Essentially, it is the Grantor promising the Grantee that the Grantor is the only rightful owner of the property, and as such, the Grantor has the full authority to convey the property. This type of deed further provides a promise from the Grantor to the Grantee that the Grantor will defend against anyone who might come forward at any time in the future and try to make a claim that they had an interest in the property at the time of the conveyance to the Grantee.

This type of deed is generally used when consideration is being paid for the sale of the property between two unrelated parties.

Flat Fee: $175.00

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*Does not include Documentary Stamps, if required by the State of Florida

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Quit claim Deed

A Quit Claim Deed conveys any interest that the old owner (Grantor) may have in the property to the new owner (Grantee). Although this type of deed does successfully convey any interest the Grantor may have, it does not provide a warranty, or guarantee, to the Grantee that the Grantor had the legal right, title, and interest in the property to convey it. That is not necessarily to say that the Grantor does not have the legal right, title, and interest in the property being conveyed. It just relieves the Grantor from binding himself to a promise made to the Grantee regarding the property interest being conveyed.

This type of deed is generally used for the conveyance of property between related parties or when no consideration is being paid, such as for a gift or estate planning purposes. This type of deed is also commonly used for property transfers made in connection with a divorce.

Flat Fee: $175.00

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LADY BIRD Deed

A Lady Bird Deed is a unique form of deed created by statute in the State of Florida, and a powerful tool to avoid probate. With the Florida lady bird deed, you give yourself a life estate interest in your property and appoint remaindermen to become owners immediately upon your death. A life estate is a right to live in the property until your death. Remaindermen are like beneficiaries of your estate, who have a future ownership interest. What makes Florida lady bird deeds so valuable is that you retain full interest in the real property. As the life tenant you reserve for yourself the right to sell, encumber, and otherwise do as you please with the real estate during your lifetime, and without and knowledge or consent of the remaindermen. You may also change the remaindermen at any point in time or even revert the whole interest back to yourself.

Flat Fee: $175.00

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CORRECTIVE Deed

A Corrective Deed can be executed and recorded to fix any errors in the original deed, including those that are otherwise fatal to the validity of the prior deed, such as an improper legal description. If the original deed contains significant errors, a new deed must be executed. A corrective deed is required when a grantor transfers property he or she once owned but does not any longer, errors that exceed simple typos in significance exist in the deed, or the deed lacks sufficient witness(es) or a notary acknowledgment. Invalid deeds can be rendered valid again if a Corrective Deed is made a matter of public record. Doing so clarifies the intent of the original deed.

Flat Fee: $175.00

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