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Maryland Deed Forms

A Maryland deed is a legal document that transfers property ownership from a grantor to a grantee. In most cases, deeds are recorded following the completion of a real estate purchase agreement (with the grantor as the seller, and the grantee as the buyer). However, Maryland also allows for a deed of trust, which has the grantor transferring the title to a trustee (grantee, in this case) to hold until a loan has been repaid to a lender. Beyond the simple conveyance of title, a deed will often provide the grantee with protection against liability for encumbrances and liens.

Contents

Types (4)

Deed of Trust – Conveys a property title to a third-party trustee to hold as collateral for a loan between the grantor and a moneylender.

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General Warranty Deed – Transfers the property’s ownership with the grantor’s promise that there are no liens or mortgages on it.

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Quit Claim Deed – A deed that does not offer any assurances regarding the quality of the property’s title.

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Special Warranty Deed – Guarantees the grantee that there are no encumbrances on the property from the period during which the grantor was its owner.

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