Special Warranty Deed (New Jersey)

A Special Warranty Deed (New Jersey) is a legal template that outlines the transfer of real estate property ownership rights from a seller (grantor) to a buyer (grantee) in the state of New Jersey. Unlike a General Warranty Deed that offers extensive guarantees against any past or future claims on the property, a Special Warranty Deed provides limited assurances solely for the grantor's ownership period. This document defines the specific property being transferred, conveying it with special warranty covenants, which indicate that the grantor guarantees protection against any title defects, encumbrances, or claims that may have arisen during their own tenure of ownership. The template includes essential details of both the grantor and grantee, the property's legal description, and any relevant terms or conditions agreed upon between the parties involved in the transaction. The Special Warranty Deed serves as a binding legal instrument that formally transfers property rights and ensures a valid and secure transfer of ownership in compliance with the laws of New Jersey.