When it comes to real estate in Brevard County—also known as Florida’s Space Coast—understanding the legal documents involved in buying or selling a home is essential. Two of the most commonly used property transfer documents are the Quit Claim Deed and the Warranty Deed. While they may seem similar, they offer very different levels of protection for the buyer or new owner.
Let’s break it down so you can make the right decision when it comes to your next Florida real estate transaction.
What Is a Quit Claim Deed?
A Quit Claim Deed is a simple legal tool used to transfer ownership interest from one person (the grantor) to another (the grantee). However, it provides the least amount of protection to the grantee.
Key facts about Quit Claim Deeds:
- The grantor makes no guarantees about having full ownership of the property.
- There are no assurances that the title is clear or free of liens.
- Title insurance, including an Owner’s Policy or Loan Policy, is generally not issued when a property is transferred via Quit Claim Deed.
In short, the grantor is only transferring whatever interest they may have—if any. This lack of warranty can expose the new owner to future title disputes or legal issues.
What Is a Warranty Deed?
A Warranty Deed is a more robust and secure method of transferring property, especially when you’re buying or selling a home in Florida. This type of deed provides legal guarantees from the seller (grantor) to the buyer (grantee).
With a Warranty Deed, the grantor affirms:
- Full legal ownership of the property.
- The right to transfer ownership.
- That the property is free from hidden liens, encumbrances, or third-party claims.
If any title issues arise after closing, the buyer has legal recourse, offering greater peace of mind and protection throughout the real estate process.
Why It Matters: Title Protection
The biggest advantage of a Warranty Deed is that it allows for comprehensive title protection, especially when paired with a title insurance policy from a top-rated title company like Supreme Title.
With a Warranty Deed:
- Title defects are addressed before the sale closes.
- Buyers are shielded from unknown claims or ownership issues.
- You’re eligible for title insurance, which safeguards your ownership rights for years to come.
By contrast, a Quit Claim Deed skips over these important protections, which can result in legal headaches down the road.
Which Deed Should You Use?
Choosing the right type of deed depends on the situation. A Quit Claim Deed can work in certain cases—like transferring property between family members or removing a name from a deed after divorce—but it’s not advisable for most sales.
If you’re selling or buying a home in Brevard County, a Warranty Deed is typically the safest and most secure option. It ensures a smoother closing process and long-term protection for both buyer and seller.
Let Supreme Title Help
Navigating the paperwork involved in a real estate transaction doesn’t have to be overwhelming. At Supreme Title Closings, we’re proud to serve as a top-rated title company near you, offering unmatched support through every stage of the closing process.
While we don’t provide legal advice, our knowledgeable team is here to help you understand the differences between deeds and ensure your transaction is handled with care and accuracy. From title insurance to closing coordination, we’re your trusted partner on the Space Coast.
Questions about deeds, title transfers, or real estate in Florida?
Reach out to Supreme Title today—your go-to resource for secure, reliable closings in Brevard County and across the Florida real estate market.
