Insert Pages To Legal Arizona Warranty Forms For Free

General Warranty Deed in Arizona A general warranty deed is the most common type of deed used when real property is purchased. The deed includes a guarantee from the grantor (seller) that they hold the title free and clear without any encumbrances on the property.

In the state of Arizona, the special warranty deed form will provide a limited warranty of title. What is sometimes known as a conveyance deed, with this type of deed, the party that is transferring a piece of property guarantees that they have not done anything that would cause problems with the title.

Arizona follows a notice recording statute, which means that, while unrecorded transfers are valid between the parties to the deed (grantor and grantee), the grantor who, in violation of A.R.S. §33-411.01, fails to record the transaction, opens the grantee up to claims from future bona fide buyers for value.

What is the difference between a general warranty deed and a special warranty deed? Answer: A general warranty deed is a warranty of good title by a seller from the beginning of time. A special warranty deed is a warranty of good title by a seller only during the time of ownership.

A special warranty deed is a deed to real estate in which the grantor?the seller of the property?warrants only against things that happened while they actually owned the property. In other words, the grantor makes no promises regarding clear title issues that existed prior to their possession of the property.

General Warranty Deed It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home ? even dating back to prior property owners. This quality of coverage is why most lenders will require you to get a general warranty deed when buying your house.