Homes For Sale In Katy Texas - Different Deeds

By
Real Estate Agent with CEO - Dale Ross Realty Group 0316603

How do you like your steak?

I receive many questions about real estate every month, and I’m always happy to answer them. Sometimes, I’ll get a question that's relevant to a large group of people, and in those cases I like to share the answer with all of my readers. Feel free to send your own questions! If I publish yours, you’ll receive a gift card for Fleming’s Streak House as my way of saying thanks!

Asking a question is easy! Just visit DaleRoss.com and click on “Contact Me” or call 281-599-6575.

This month’s question was sent in by Rachel. Thank you Rachel! Enjoy your steak!

Question:

I was recently divorced and my husband gave me a Quitclaim Deed. I have never heard of this type if deed. Is it a good deed?

Answer:

Hi Rachel,

There are three types of deeds in Texas; General Warranty Deed, Special Warranty Deed, and a Quitclaim Deed. Unlike most other property deeds, a quitclaim deed contains no title covenant and thus offers the grantee no warranty as to the status of the property title. It is a risky deed that many title companies do not allow when insuring a chain of title. You should obtain a General Warranty Deed in this instance.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Texas Fort Bend County Katy
Tags:
katy texas
keller williams katy texas
homes for sale in katy texas
dale ross

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
136,771

Dale Ross

Realty Group
Ask me a question
*
*
*
*
Spam prevention