A warranty deed is a legal document that transfers property ownership while guaranteeing that the seller holds clear title and has the right to sell, with the seller assuming liability for any title defects.
Warranty deeds provide the highest level of protection for property buyers. Unlike a quitclaim deed, which offers no guarantees, a warranty deed means the seller is legally on the hook if any undisclosed liens, claims, or title issues surface after the sale. There are two types: general warranty deeds, which cover the entire history of the property, and special warranty deeds, which only cover the period the seller owned it.
GoForth, a luxury co-ownership company, ensures that the LLC acquiring each property receives a warranty deed, providing maximum protection for all four ownership families. This is part of GoForth's thorough acquisition process, which includes a full title search and title insurance. Owners can be confident that their 1/4 interest is backed by the strongest form of legal title protection available.