Warranty Deed
A warranty deed, or general warranty deed, is a document in which the grantor or seller guarantees that he/she holds good title to a piece of real property and has a right to sell it to the grantee or buyer. The guarantee and warranty is not limited to the period for which the grantor owns the property; rather, it covers all prior periods of time.
This brief overview of some important considerations associated with warranty deeds is by no means comprehensive. Always seek the advice of a competent professional when making important financial and legal decisions.