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

A general warranty deed is a legal document used in Virginia real estate transactions to convey title of a property from one person to another. It provides the buyer or recipient of the deed with the assurance that the current owner holds good and clear title to the property and that they have full legal right to sell it. The deed also includes a warranty clause that guarantees the buyer from any potential challenges to their ownership of the property in the future. In the event of a real estate dispute, a general warranty deed can be used to protect the buyer from claims of ownership from a third party. If a buyer is able to prove that the deed was properly executed, they can use it to demonstrate that they have a clear legal right to the property in question. This can help them in a variety of disputes, such as a boundary line dispute, a quiet title action, or an estoppel action. In addition to providing legal protection if a dispute arises, a warranty deed can also provide peace of mind for the buyer. Knowing that a seller has fully transferred the title to the property and that they have full legal ownership can be a great source of comfort in a real estate transaction.

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

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