Understanding Deed Types: Grant, Bargain & Sale vs. Quitclaim vs. Warranty vs. TOD Deeds
Автор: Nevada Counsel LLC
Загружено: 2026-01-17
Просмотров: 8
Описание:
What are the different types of deeds, and how do they affect property ownership transfers?
In this educational video, we compare the most common deed types used in real property transactions, including Grant, Bargain & Sale deeds, Quitclaim deeds, Warranty deeds, and Transfer on Death (TOD) deeds. Seeing these deed types side by side helps clarify what each deed does — and just as importantly, what it does not do.
This lesson explains how each deed type differs in:
Timing of transfer (immediate vs. delayed)
Promises or warranties made by the grantor
Risk allocation between grantor and grantee
Typical use cases in real-world transactions
Designed for Licensed Document Preparers, paralegals, real estate professionals, and anyone who prepares or reviews deeds, this video emphasizes why accurately understanding deed distinctions is essential for ethical document preparation and protecting the public record.
This episode is part of the Foundations of Deed Preparation series — an attorney-developed educational course focused on deed language, ownership transfer, and professional best practices.
What This Video Covers
Grant, Bargain & Sale deeds and why they are common in Nevada
Quitclaim deeds and their risks and limitations
General and special warranty deeds and how warranties allocate risk
Transfer on Death (TOD) deeds and delayed ownership transfers
Why deed types are not interchangeable
The role and boundaries of document preparers
Chapters
00:00 Comparing Common Deed Types
00:16 Grant, Bargain & Sale Deeds
00:33 Quitclaim Deeds
00:49 Warranty Deeds (General & Special)
01:09 Transfer on Death (TOD) Deeds
01:55 Key Takeaways on Deed Types
02:17 Role and Responsibilities of Document Preparers
02:50 Understanding Deed Components
02:58 Disclaimer and Legal Advice
03:26 Conclusion
Who This Video Is For
Licensed Document Preparers (LDPs)
Paralegals and legal support professionals
Real estate and title professionals
Anyone seeking to understand deed types
⚖️ Disclaimer
This video is for educational purposes only and does not provide legal advice or create an attorney-client relationship. Laws vary by jurisdiction, and individual circumstances differ. Consult a qualified attorney for advice specific to your situation.
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