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Real property

special warranty deed

A special warranty deed is a deed transferring or conveying ownership of property in which the grantor (seller or transferor) promises (covenants) to defend the title only against other defects, liens, encumbrances, or claims made by the grantor or by someone claiming by or under the grantor.

In other words, a special warranty deed provides a limited warranty of title and does not warrant against claims or defects in the title that existed before the grantor took possession of the property.

In South Dakota, a special warranty deed is a legal document used to transfer property ownership with limited guarantees. Unlike a general warranty deed, which provides a full warranty of title, the special warranty deed only assures the grantee (buyer) that the grantor (seller) has not done anything to impair the title during their ownership. The grantor of a special warranty deed only defends the title against claims that arose during the period of their ownership. This means that if there were any title issues or claims before the grantor acquired the property, the grantor does not warrant against them. Special warranty deeds are commonly used in commercial real estate transactions in South Dakota. The specific language used in the deed can vary, but it typically includes clauses that limit the scope of the warranty to the time the grantor held title to the property.

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Real property

special warranty deed

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Real property

special warranty deed

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