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FLORIDA DEEDS PART III – QUITCLAIM DEED

Over the past few weeks we have discussed some of the most common types of deeds used to transfer ownership of real estate in Florida. One of the most common deeds is that of a “Quitclaim” Deed; it is not “Quick Claim,” or Quit Claim.” The proper legal term is “Quitclaim”, one word. Read the rest of this entry

FLORIDA DEEDS PART II – Special Warranty Deeds are not as “special” as you may think.

Last week, we discussed the three most common types of deeds used in Florida when buying or selling a home.  I also explained the “warranties” that are the inherent protections which are embedded in a General Warranty Deed and why these protections make it the preferred deed to use when purchasing real estate. This week we will examine the effects of transferring title to real estate by Special Warranty Deed. Before we begin, bear in mind that when buying or selling a home, know what type of deed will be used in the transaction and verify its inclusion in any purchase or sale agreement. Read the rest of this entry

FLORIDA DEED’S PART I – All deeds are not created equal.

Buying a home is a stressful situation in its own right. In between trying to find the right home, in the right neighborhood, for the right price, the type of deed used to transfer ownership of the property often becomes an afterthought. Whether you obtain title by a General Warranty Deed, Special Warranty Deed, or Quitclaim Deed should be an important consideration when purchasing a home. The type of deed used in a real estate transfer is important because it dictates what guarantees, if any, the buyer is receiving from the seller. Read the rest of this entry