What are the 4 Types of Statutory Deeds?
There are 4 types of statutory deeds:
- Quitclaim deed
- Bargain and sale deed
- Special warranty deed
- General warranty deed
These deeds are called statutory deeds because the law provides for a short form of deed in which the covenants or warranties mentioned are implied to exist just as though they were written out in complete and detailed form. These four deeds are described in the following paragraphs, starting with the one that has the fewest covenants and warranties (quitclaim deed) and ending with the one that has the most covenants and warranties (general warranty deed).
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