What is a Special Warranty Deed and Why It Matters in Real Estate

Definition & Meaning

A special warranty deed is a legal document used in real estate transactions. In this deed, the seller, known as the grantor, promises to defend the title against any claims made by themselves or anyone who acquired rights through them. However, the grantor does not guarantee that the title is free from defects that existed before their ownership of the property. This means that if there are issues with the title that arose prior to the grantor's ownership, the grantor is not responsible for those defects.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A bank sells a foreclosed property using a special warranty deed. The bank guarantees that it has not created any defects in the title during its ownership, but it does not cover any issues that existed before it took possession of the property.

Example 2: A homeowner sells their property and uses a special warranty deed. If a neighbor claims an easement that existed before the homeowner bought the property, the homeowner is not responsible for resolving that claim. (hypothetical example)

State-by-state differences

State Special Warranty Deed Use
California Commonly used in residential transactions.
Texas Often used for property sales by banks.
Florida Used in both residential and commercial transactions.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

What to do if this term applies to you

If you are involved in a real estate transaction that requires a special warranty deed, consider using a template from US Legal Forms to ensure it is properly drafted. If you have concerns about the title or need legal advice, it may be wise to consult a real estate attorney.

Quick facts

  • Typical use: Real estate transactions
  • Jurisdiction: Varies by state
  • Common fees: Varies based on transaction

Key takeaways

Frequently asked questions

A general warranty deed provides full protection against all title defects, while a special warranty deed only covers issues that arose during the grantor's ownership.