Limited Warranty vs. Warranty Deeds

[Jonathan Roveto]

Hi all,

I'm looking to transfer my rental properties into my LLC, and I have been advised that I should do a Limited Warranty Deed vs. a General Warranty Deed. When looking at forms I find online for each, it feels like the only difference between Limited vs. General is that the titles say "Limited". I haven't been able to discern any actual difference in wording between the two contracts. I'm in GA, and the county provides templates for Warranty Deeds. It's standard language, and it seems like the recorder simply transfers the language from the form to other forms that get recorded in public records. Can someone explain how this process works? The only conclusion I can draw is that literally the only difference is that the title says "Limited Warranty Deed". Thanks!

[Jessica Zolotorofe]

A limited (or some states call them special) warranty deed warrants title only for the time period that the owner owned it. a (General) Warranty Deed warrants title for the whole time period before the new owner gets the deed. If you don't plan on suing yourself at any point, it probably doesn't actually matter one way or another.