A New Hampshire general warranty deed transfers a property title from a seller to a buyer with a guarantee that the seller is the rightful owner and that the title has no liens or encumbrances other than those listed in the document. In the deed’s terms, the seller pledges to defend the title if its validity is challenged by another party, and to remain liable for title defects they or any previous title holder caused. If title issues arise, the buyer would have legal cause to seek compensation through a lawsuit.
Some New Hampshire counties require the amount of transfer tax to be stated in the deed. While most transactions are taxable, there are certain circumstances in which the parties are exempt from taxation (e.g., transfers between affiliated business entities). If an exemption applies, the reason must be specified in the deed’s legal property description.
- Statutes: § 477:27
- Formatting (§ 478:4 & § 478:4-a): Formatting requirements are county-specific; individuals should contact the Register of Deeds for more information (see formatting standards for Belknap County).
- Signing Requirements (§ 477:3): Acknowledged before notary public or other official.
- Where to Record (§ 477:3-a): Register of Deeds
- Recording Fees (§ 478:17-g): $10 for the first page + $4 for each additional page
- Property Disclosure Statement (§ 477:4-d): The condition of a home’s sewage system, water supply, and insulation must be disclosed to the buyer before signing a purchase agreement.