What type of deed is best for my transaction?

When deciding which type of deed is best for your transaction in Washington, there are several factors to consider. First, assess the title and ownership history of your property. If title to the property is unclear, a quit claim deed may be best, as it simply transfers whatever rights the current owner has in the property. If title is clear, however, a warranty deed is usually the best option, as it provides the greatest protection to the new owner. A warranty deed gives the new owner a guarantee of title, meaning that the seller is legally responsible for any liens or defects in title. In addition to the title history, you should also consider the type of transaction being made. A quit claim deed is best for transferring property as a gift or from one family member to another, as it does not require any disclosure of the underlying transaction. However, for commercial transactions, a warranty deed is recommended, as it gives the new owner the greatest assurance of title. Finally, if you are unsure of which type of deed best suits your transaction, it is always a good idea to speak with an experienced real estate attorney, who can provide advice tailored to your specific situation.

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What type of deed is best for my transaction?

What type of deed is best for my transaction?

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