Illinois Special Warranty Deed

Transfer title of an Illinois real estate property to a new owner with this easy-to-use Special Warranty Deed form.

What is a special warranty deed?

A special warranty deed is a means of conveying title to a property, under which the seller (called the grantor) warrants or guarantees the title only against title defects that arose during his/her ownership of the property, but not against title defects existing before that time.

Special warranty deeds are commonly used:

• by executors and trustees to transfer estate property to a beneficiary,
• in commercial transactions, and
• in foreclosures.

Exceptions

The grantor transfers title to the buyer (called the grantee) subject to current taxes and assessments, easements, encumbrances, liens and liabilities.

Waiver of Homestead

The grantor waives and releases any homestead exemption rights in the property.

Format and Jurisdiction

This Special Warranty Deed form is a downloadable legal document in MS Word format. It is intended for use only in the State of Illinois.