Listing states: "Seller to provide Limited warranty deed"

[Adriana Vergara]

Hello ALl! I just saw the following description on a listing> "Seller to provide Limited warranty deed."

What does it mean? 

The house apparently has been under contract 4 different times... and it just came back to the market. 

I'm a new real estate apprentice... What does that statement mean? it sounds bad for me... but... how bad it is? or not a big deal?

[Dan Schwartz]

@Adriana Vergara you have to find out what that means in the property’s jurisdiction.  Ask a title company near there.  Out here we might call that a Special Warranty Deed.  

Many people on BP talk about using Quitclaim Deeds when they can actually use Warranty Deeds and better protect the chain of title.  It’s possible that the seller is specifying this because they don’t know any better. 

Find out from a local title agent what this means and what the best/normal deed is.  Then ask why the seller can’t provide that best/normal deed.