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You
are required to provide a warranty deed to the person who
is buying your property. That warranty deed is a legal contract
and it contains a number of promises that you are making
to the buyer. One of those promises is that your property
is free from all claims and encumbrances. For us to do our
job, we need a copy of the title insurance policy, title
certificate and the deed you received when you purchased
the property. You must also think carefully about any changes
you have made to the property since you acquired it. We need
to know if you have given anyone a deed to a part of your
property or agreed to change the boundaries. We also need
to know if you have given anyone permission to use your property,
such as an easement for a utility company, letting a neighbor
use your driveway or anything similar. Please make a note
of any of these things you have done. In preparing the deed
to give to the buyer, we need to exclude the encumbrances
on your property from the promise that there are no encumbrances.
If that is not done, and the buyer finds out that an encumbrance
prevents them from doing what they want to with the property,
the buyer may choose to sue you for damages.
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