deed without warranty

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tony ramos

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Post Posted: Tue Jun 19, 2012 8:47 pm    Post subject: deed without warranty
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i purchase a property in Tx with a deed without warranty but the title was insured by a very renowned title co. Should I be concerned?
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Icon Mini Profile adonis
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Post Posted: Tue Jun 19, 2012 11:54 pm    Post subject:
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Welcome tony,

The deed should be correct when you purchase a property. You should contact a real estate attorney who will look into the matter and let you know whether or not everything is fine.

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Post Posted: Wed Jun 20, 2012 8:53 pm    Post subject:
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Hi tony!

Welcome to forums!

To know all about warranty deed, check out the given page:
http://www.mortgagefit.com/warranty-deed.html

Sussane
John G

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Post Posted: Fri Jun 22, 2012 2:08 pm    Post subject:
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As a practical matter I can't remember seeing anyone try to collect under a warranty deed, general or limited. Claims always go against the title policy. From a "fairness" view point, why should the seller who gives a general warranty deed be raked over the coals for something that occured during ownership by owner two or three back in the chain of title. Moral is "never sign anything beyond a limited warranty deed.
John G

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Post Posted: Fri Jun 22, 2012 2:08 pm    Post subject:
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As a practical matter I can't remember seeing anyone try to collect under a warranty deed, general or limited. Claims always go against the title policy. From a "fairness" view point, why should the seller who gives a general warranty deed be raked over the coals for something that occured during ownership by owner two or three back in the chain of title. Moral is "never sign anything beyond a limited warranty deed.
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Post Posted: Mon Jun 25, 2012 1:44 am    Post subject:
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Thanks John, for sharing your opinion!! Smile
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Post Posted: Thu Jun 28, 2012 7:17 am    Post subject:
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Non-warranty deeds are typical in Texas. Your title policy will cover any problems the warranty deed would have covered.
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Disclaimer: This is not legal advice and I am not your lawyer. The information provided here is for educational purposes only, and is not a substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.
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