What is a Warranty Deed?
A warranty deed is a document used in residential real estate law in Washington that guarantees the owner of a property will have full, clear title to the property and will be able to use it without any unforeseen problems or surprises. This means that, if the property was sold by another person in the past, they legally transferred full ownership to the current owner. The warranty deed also guarantees that the property has not been encumbered with any liens or encumbrances during the time that it was owned by the current owner. This protects the current owner in case someone else tries to claim a legal right to the property in the future, such as an unpaid debt. Finally, the warranty deed also guarantees that the property is free from any claims or rights of others, such as the right of a prior owner to return and take possession of the property. This guarantee ensures that the current owner will always have full, legal rights to the property. In summary, a warranty deed is a document used in residential real estate law in Washington that guarantees the current owner of a property will be able to use it without any legal surprises and will always have full, legal rights to the property.
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