chintucharan
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A conveyance Deed is a legal document that signifies the transfer of property ownership from one party to another. This deed ensures that the title is clear, free from any encumbrances, and is essential for validating the transaction. Along with conveyance deeds, other major types of deeds include: Warranty Deed: Guarantees that the seller holds clear title to the property and has the right to sell it. It protects the buyer against future claims. Quitclaim Deed: Transfers the seller's interest in the property without any warranties or guarantees, often used between family members or in divorce settlements. Grant Deed: Similar to a warranty deed but with limited warranties, ensuring that the property has not been sold to anyone else and is free of encumbrances made by the grantor. Deed of Trust: Involves a third-party trustee who holds the property title as security for a loan until the borrower repays the lender. These deeds are crucial in real estate transactions, providing clarity and legal protection for both parties.
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