Subject: Aestar – General Warranty Deed
Aestar LLC supervises the sale transactions, verifies legal documents, and insures real estate titles.
Aestar LLC is a different title company. Aestar offers knowledge to protect consumers: buyers and sellers.
In a general warranty deed, sellers warrant forever against every lawful claim or demand for all the previous owners up to the sellers, no matter who possessed/owned the property. This type of deed is rarely used. For example, you bought a house in 2011 from seller A, who had bought the house from builder B in 2010. In 2012, the county notified you that the 2009 property tax had not been paid. If you had received a General Warranty Deed from Seller A, then Seller A had warranted to you that there were no encumbrances against the property that were not listed in the deed. So unless the deed specifically indicated that the property was conveyed to you “subject to” the 2009 unpaid taxes, you should be rest assured that Seller A owes you the money for the unpaid taxes.
Contact me should you have further questions.
Jonathan Kan, Licensed Title Producer/Notary Public
Aestar Settlements LLC
15881-B Crabbs Branch Way, Rockville, MD 20855
C: 240-351-6098 F: 888-501-3060 E: [email protected]
www.aestar-settlements.com
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This column is not legal advice and should not be acted upon without obtaining your own legal counsel.
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