What is a warranty of title?

A warranty of title is a legal guarantee of ownership over a piece of property. This type of warranty is especially important in the context of contract law in Washington. It is used to ensure that the person who is transferring ownership of a piece of property actually has the right to do so. When a warranty of title is present, the buyer can rest assured that they are receiving a piece of property that is free of any liens, encumbrances, or other claims that could affect their full ownership. The warrantor, typically the seller, promises that the property is not subject to any existing or future claims that could challenge the rights of the buyer. In Washington, warranties of title are often included in sales contracts for real estate. They also apply to other types of property, such as vehicles. In some cases, the warrantor will even provide a monetary award should the warranty not be fulfilled. In all cases, the buyer should ensure that any warranty of title is properly documented and signed by both parties before the transfer of ownership is complete. This serves as evidence that the warranty exists and will protect the buyer should any conflict arise in the future.

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What is a warranty of title?

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