What is a general warranty deed and how does it affect a real estate dispute?

A general warranty deed is a document used in Louisiana when buying or selling a piece of real estate. It is a written document that states that the seller guarantees the buyer that the seller has clear legal title to the property and that they have not encumbered it with any liens or other legal claims. The deed also states that the seller will defend the title with a lawsuit if necessary. In the event of a real estate dispute, this warranty deed serves as evidence that the seller had clear title to the property and did not encumber it with any other legal claims. This helps to protect the buyer in a dispute, since they can rely on the warranty deed as proof that the title was valid. In addition, the buyer may also be able to seek compensation from the seller if the dispute is related to the warranty deed, as the buyer would be able to argue that the seller failed to protect their title to the property. As such, a general warranty deed is an important document for protecting both the buyer and the seller in the event of a real estate dispute.

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What is a general warranty deed and how does it affect a real estate dispute?

What is a general warranty deed and how does it affect a real estate dispute?

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