What does a warranty deed ensure?

A warranty deed is a legal document that guarantees the seller has clear and marketable title to the property being conveyed. This means that the seller is asserting they own the property outright and there are no undisclosed claims or liens against it. Furthermore, the warranty deed provides the buyer with assurances against any future claims regarding the ownership of the property.

This level of assurance is a crucial element in real estate transactions because it protects the buyer from potential issues that might arise, such as disputes from prior owners or creditors. The buyer is essentially guaranteed that no one else can make a claim to the property or challenge their ownership, which is a significant advantage compared to other types of deeds.

Other choices, while possibly relevant to real estate transactions in different ways, do not accurately describe the fundamental role of a warranty deed in ensuring ownership and title clarity.