Warranty Deed Legal Meaning and Definition
Here is a simplified definition of the legal term Warranty Deed.
Warranty Deed (noun)
A Warranty Deed is a special paper that a person selling a house or land gives to the person buying it. This paper promises that the seller truly owns the property, and there are no secret problems or claims to it by other people. It is like a guarantee or promise from the seller to the buyer about the property.