A Florida deed is the legal document that is issued to transfer the ownership or interest in a piece of real property.
The two most common ways to transfer ownership of real property in Florida is through either a Warranty Deed or a quitclaim deed. In both cases, the grantor is the person who is selling, or relinquishing their ownership of the property, to the grantee.
All Florida deeds must be signed by the grantor in the presence of a notary public.
A warranty deed provides protections including verifying that the seller is who they say they are and the assurance that there is a clear title, meaning that there are no liens on the property. This assurance is done through a title search performed by a Florida real estate closing attorney or agent.
A quit claim deed is when the grantor does not wish to make any warranties to the grantee. The deed simply transfers all the “right, title, and interest“ to the grantee. Although a quit-claim deed is usually a cheaper option, it is usually not the best idea because it does not guarantee that the grantor is the actual owner of the property, and it does not guarantee that the property is free of liens or encumbrances.
If you are looking to buy or sell a property, it is important to hire an experienced Florida real estate closing attorney to ensure that the transaction is done correctly.