Limited (Special) Warranty Deed (Georgia)

A Limited (Special) Warranty Deed (Georgia) is a legal document used in the state of Georgia to transfer ownership of real property from a seller (grantor) to a buyer (grantee). This template outlines the specific terms and conditions of the warranty deed and provides limited assurances or guarantees from the grantor to the grantee regarding the property title.

Unlike a general warranty deed, in which the grantor offers broad warranties of title and protection against any defects, a limited or special warranty deed offers a more limited form of assurance. This type of deed typically only guarantees that the grantor has not caused any title defects during their ownership of the property. It may not provide any guarantees about title issues caused by previous owners or prior events.

The template includes all essential elements required for a valid deed, such as the names and addresses of the grantor and grantee, a legal description of the property, and the amount of consideration involved in the transfer. It also incorporates specific language that limits the grantor's liability and responsibility, making it critical for both parties to thoroughly understand the terms and implications before signing the document.

Additionally, the template may include specific provisions or conditions agreed upon by both parties, such as any encumbrances or liens on the property, restrictions on use, or any other terms unique to the transaction. These additional provisions help ensure that both parties are aware of and agree to any specific conditions that may affect the property's title or use.

It is important to note that while this template provides a starting point for creating a Limited (Special) Warranty Deed in Georgia, it is always recommended to consult with a qualified attorney or legal professional who can tailor the document to suit the specific circumstances and requirements of the transaction.