Be aware though that trustees deeds in foreclosure situations typically do not include warranty of title so it might be more difficult to obtain title insurance. If the borrower defaults on the loan the trustee manages the sale upon foreclosure and executes a trustees deed upon sale to convey the property.
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Alabama recognizes three types of deeds based on the warranty of title.
. General Warranty Deed The Alabama general warranty deed form is used when owners want to provide a full warranty of title that covers the entire chain of title including the time period before the current owners owned the property. Statutory Warranty Deed The Alabama statutory warranty deed is Alabamas.
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