In Nebraska, a deed form is a document that allows the transfer of property from the grantor (seller) to the grantee (buyer).
Nebraska deed forms must follow specific guidelines set out by the Nebraska Legislature for a Register of Deeds clerk to accept the deed. After acceptance, a clerk adds the deed to the record books.
Nebraska General Warranty Deed
A general warranty deed is a document that authorizes the sale of a property from one party to another. A general warranty deed guarantees that the seller has the authority to sell the property and that there are no hidden interests or encumbrances.
A Nebraska quitclaim deed transfers the ownership interest of a property from one party to another. This deed does not guarantee that the title is free of encumbrances, and the buyer does not know whether the seller has the legal right to sell the property.
People usually use quitclaims to transfer property to a relative or as part of a divorce settlement.
A Nebraska special warranty deed provides the buyer with a limited warranty of title. The seller guarantees that they have done nothing to cause any title problems but does not guarantee that issues had not occurred before the seller acquired the property.
A Nebraska deed of trust is a document that conveys a property’s title to a neutral party (trustee) to secure a loan. The trustee or lender can sell the property if you do not repay the loan, and the foreclosure does not need to go through the courts.
In Nebraska, a deed of trust is the most common method people use to secure a loan.
You need to know the Nebraska laws required to prepare your deed correctly from transferring to creating a deed.