Updated on September 1st, 2022
A North Carolina special warranty deed conveys property ownership from a grantor (the seller) to a grantee (the buyer) with a limited guarantee against title encumbrances. A special warranty deed promises that the current grantor did nothing to encumber the property title during their term of ownership. However, the deed makes no promises regarding encumbrances caused by previous title holders. If a title defect later arises, and the issue transpired under the grantor’s ownership, the grantee would be entitled to financial compensation from the grantor.
- Statutes: Chapter 47 – 47H
- Formatting: § 161-14(b)
- Signing Requirements (§ 47-17): Notary Public
- Where to Record (§ 47H-2(d)): Register of Deeds
- Recording Fees (§ 161-10(a)(1)): $26 for the first fifteen (15) pages + $4 for each additional page
- Property Disclosure Statement (§ 47E-4(b)): Sellers of residential property must deliver this report to the buyer to disclose the material condition of the home.
- Mineral, Oil, and Gas Rights (§ 47E-4.1): Purchasers of residential real estate must be given this disclosure before they make an offer.