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Virginia Deed Forms

Virginia deed is used to transfer real estate from a grantor (the owner) to a grantee (the recipient). This legal instrument is public record once filed with the county circuit court clerk, and it serves to indicate exactly who is on the property title. Deeds also indicate the party liable for title encumbrances, such as mechanic’s or tax liens which might become apparent upon deed recordation.

Generally, deeds that provide warranties against encumbrances (e.g., general warranty or special warranty deeds) are most common in sales, whereas the warranty-free quit claim deeds are often used for transfers without consideration (compensation) such as conveyances between family members and the like.

Contents

Types (5)

Deed of Trust – A deed whereby a debtor (the “grantor”) who has acquired a home loan and a creditor (the beneficiary”) agree to assign the property title to a trustee until the debt is fully paid.

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General Warranty Deed – A guarantee of the title’s condition and the owner’s right to transfer the title are included in this deed.

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Quit Claim Deed – A deed in which the new title holder will be liable for title encumbrances.

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Special Warranty Deed – Warranties in this deed are limited to the period in which the grantor owned the property; the grantee will be liable for title encumbrances that occurred before the grantor’s ownership.

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Transfer on Death Deed – Allows a person named in the deed to inherit the property after the owner passes away.

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