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Updated about 5 years ago on . Most recent reply

Seller financing deed warranty or quit claim?
I’m about to purchase a house using seller financing from my business partner and was wondering how should I transfer the deed? Warranty or Quit claim?
Most Popular Reply

Always use a warranty deed. A quit claim deed offers no warranties, it only releases the (potential) interest of a party. A quit claim deed will also invalidate the title insurance that was last purchased for the property.