What Does the Term General Warranty Deed Mean?

"General warranty deed" is a real estate term. It means that the seller guarantees that he holds a clear title to the real estate that he is currently selling. This guarantee extends all the way back to the property's origins. Most people buying property hire a title search company to make sure there are no problems or claims on the property before the property is purchased.

Public Record

All general warranty deeds are public record and are usually found in the courthouse at the county records department.

Nothing Hidden

With a general warranty deed, the seller promises that there are no hidden liens or encumbrances on the property.

Right to Sell

The seller promises that she has the right to sell the property. She declares that she owns the property.

If the Title Fails

The seller states that he will compensate the new owner for any losses if the title fails. There is a title chain on the property, and thus each seller of the property would be responsible for any losses.

Considerations

If the seller of the property dies or is for some reason unable to follow through with the promises in the general warranty deed, there is little recourse. Title insurance bought at the time of the purchase of the real estate will help cover many future losses that may be incurred due to problems with the title.