What is vesting on a warranty deed?


Quick Answer

The vesting of a warranty deed is a method used to transfer property from one individual to another, in the event an individual decides to sell or bequeath their property upon their demise. Any transferring of legal ownership of property from one party to another typically occurs using a property title or deed.

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Full Answer

The warranty deed qualifies as a legally binding document where the seller of the property warrants the authenticity of the property title in their possession. When a property or home is vested, the utter right of ownership and title is accorded to the property beneficiary or buyer, as stipulated in the warranty deed. The main advantage of vesting a warranty deed is that the deed is inherently guaranteed.

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