When buying a house, it is important to understand the different types of deeds that are used in the transaction. In the state of Illinois, a general warranty deed is the most common type of deed used in real estate. A general warranty deed provides the buyer with certain legal assurances regarding the title of the property, and provides the seller with certain warranties regarding their ownership. While understanding a general warranty deed in Chicago isn’t a complex process, if you are a real estate buyer or seller, it is important to properly document any transfers that you make. To ensure both parties are protected, getting knowledgeable legal counsel is your best bet.

This article will explain what a general warranty deed in Chicago is, what is included in the deed, and provide advice on how to get started.

What is a General Warranty Deed?

A general warranty deed is a type of deed used to transfer title to real estate. In Illinois, this type of deed is created when one party (the grantor) transfers ownership of the property to another party (the grantee). The purpose of a warranty deed is to guarantee certain legal assurances to both parties.

The grantor makes certain “warranties” to the grantee regarding the title to the property. This means that the grantor is promising that they have title to the property. The grantor is also promising that they have not previously disposed of the property to another party.

In turn, the grantee is relying on the warranty from the grantor. The grantee is hoping that the title to the property in fact those stated in the warranty deed is valid.

What is Included in a General Warranty Deed in Chicago?

The most common form of warranty deed in Chicago is the generic warranty deed. While some states require that the deed says “general warranty deed” it is not necessary in Illinois. The document must, however, include certain essential elements to be considered a legally binding warranty deed.

First, the grantor’s information must be included. This can be the individual’s full name, address, and a description of the grantor’s legal capacity (for example that they are a married person or a single person).

Second, the grantee’s information must be included. This is typically the purchaser’s full name and address.

Third, the legal description of the property must be included. This is generally a description of the legal boundaries of the property, or the plat of the land. This must be a detailed and accurate description of the property so that the deed conforms with the legal requirements.

Finally, the general warranty language must be included. This language states that the grantor is conveying the property to the grantee, and includes statements of fealty, warranties, and indemnitudes.

Getting Started with a General Warranty Deed in Chicago

If you are a real estate buyer or seller in Chicago, it is important to understand the legal implications of creating a general warranty deed. As mentioned, this deed includes certain warranties from the grantor (the seller) to the grantee (the buyer) regarding the title to the property.

When getting started, it is best to get legal counsel to help guide you in this process. Experienced and knowledgeable attorneys will ensure that the deed is properly drafted and meets the requirements to be considered a legally binding document.

UpCounsel is a great resource for business owners and real estate buyers and sellers looking for legal services related to warranty deeds in Chicago. UpCounsel’s network of experienced lawyers have extensive experience helping businesses acquire and convey real estate. They have attorneys that understand local regulations and can provide extensive services to help you get started.

Whether you need a one-time consultation or an entire freelance legal department, UpCounsel’s attorneys can provide the knowledge and services to help make your real estate transactions go smooth.


General Warranty Deed,


Real Estate