7 comparisons

Deed comparisons

When two instruments both look right, the difference is usually one thing that matters enormously. These pages find that thing and tell you which to pick.

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Quitclaim deed vs warranty deedA warranty deed guarantees the title. A quitclaim guarantees nothing. Use a warranty deed for a sale and a quitclaim between people who already trust each other.

General warranty deed vs special warranty deedA general warranty deed covers the property's entire history. A special warranty deed covers only the grantor's ownership period. Here is what that difference actually costs each side.

Lady Bird deed vs life estate deedBoth avoid probate and both let you live in the property for life. Only one lets you sell it without your beneficiaries' permission. That difference decides almost every case.

Lady Bird deed vs living trustA lady bird deed costs $49 and covers one house. A living trust costs $1,000–$3,000 and covers everything. Here's how to tell which one your situation calls for.

Transfer on death deed vs living trustA TOD deed costs $49 and covers one property. A living trust costs $1,000–$3,000 and covers your whole estate plus incapacity. Here is how to choose.

Transfer on death deed vs lady bird deedBoth avoid probate and both keep you in control. One is statutory, the other is common law. In Texas and West Virginia you can choose. Here is how.

Quitclaim deed vs gift deedMechanically they are almost identical. The difference is what the deed says about consideration, and that recital is what supports your transfer tax exemption.

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Deedly is not a law firm

Its software and documents are not a substitute for the advice of an attorney. We provide self-help software and state-specific deed forms; you make your own decisions about your property. Using Deedly does not create an attorney-client relationship, and nothing here is legal advice. If your situation is complex or contested, talk to a licensed attorney in your state.