What is a Grant Deed?

A Grant Deed is a legal instrument confirming that the person transferring an asset holds valid title and has not conveyed it to another. It assures recipients that no undisclosed encumbrances exist apart from those publicly known or recorded. This protects the transferee from hidden liens or overlaps, ensuring they assume a relatively clean stake.

Key Points

• Limited Guarantee: The transferor warrants clear title but does not promise absolute protection if issues are unrecorded.
• Recorded Publicly: Filing in governmental archives gives notice to potential future purchasers.
• Comparisons: Warrants fewer assurances than full warranty deeds but more than quitclaim deeds.
• Usage: Common in routine transfers or inheritance proceedings.

By handing over a grant deed, the grantor reassures the grantee about legitimate ownership rights, subject only to obligations openly known at the time of signing.