Who is responsible for the property's issues in a Limited Warranty Deed?

In a Limited Warranty Deed, the grantor (the person transferring the property) is responsible only for issues that arise during their ownership of the property. This means that the grantor guarantees that they have not caused any title defects and veils that they will defend against claims arising from their period of ownership. The deed does not protect the grantor from events that may have occurred before they held the title.

This limited liability creates a clear understanding between the grantor and the grantee (the person receiving the property) regarding the boundaries of responsibility. Thus, if any issues or claims arise that can be traced back to the time when the grantor owned the property, the grantor must address those problems. However, any issues stemming from prior ownership before the grantor’s tenure fall outside their responsibilities. This is a crucial distinction in property transactions and is particularly relevant for buyers understanding their rights and the limitations of what is guaranteed by a limited warranty deed.