This form is a Special Warranty Deed where the Grantors are husband and wife, or two individuals, and the Grantee is an individual. Grantors grant and covey the described property to Grantee. Grantors warrant and will defend the property against only those claiming by, through or under Grantors and not otherwise. This deed complies with all state statutory laws.
A Special Warranty Deed in Tempe, Arizona is a legal document that allows two individuals, or a married couple, to transfer their ownership rights or interest in a property to another individual. This type of deed provides certain assurances and protections to the buyer, known as the grantee, against any defects or claims that may arise on the property title during the time the granters owned the property. There are several subcategories or variations of Special Warranty Deeds that can be used in Tempe, Arizona, depending on specific circumstances or requirements. These include: 1. Traditional Special Warranty Deed: This is the most common form of Special Warranty Deed. It states that the granters (individuals or husband and wife) have held the property during their ownership period and will defend only against any claims or defects occurring during their ownership. This means that any claims or defects arising prior to their ownership are not the responsibility of the granters. 2. Special Warranty Deed with Additional Covenants: In some cases, the granters may choose to include additional covenants or promises in the Special Warranty Deed. These additional covenants can provide extra assurances to the grantee, such as the absence of encumbrances or prior mortgages on the property. 3. Special Warranty Deed in Lieu of Foreclosure: Sometimes, property owners in Tempe, Arizona may choose to transfer their property to a third party instead of going through a foreclosure process. In this scenario, the property owners (granters) use a Special Warranty Deed to convey their ownership to an individual, typically to satisfy a debt or loan. 4. Special Warranty Deed with Quitclaim of Spouse's Dower Rights: If a husband or wife owns the property individually, but their spouse needs to sign the deed to relinquish any potential dower or marital rights, a Special Warranty Deed with a quitclaim of spouse's dower rights may be used. This ensures that both spouses are aware of and agree to the transfer of ownership. It is crucial to consult with a qualified real estate attorney or legal professional to determine the most appropriate type of Special Warranty Deed in Tempe, Arizona, based on the specific situation and desired outcomes. This will ensure that the deed accurately reflects the intentions of the granters and provides the necessary protections for the grantee.A Special Warranty Deed in Tempe, Arizona is a legal document that allows two individuals, or a married couple, to transfer their ownership rights or interest in a property to another individual. This type of deed provides certain assurances and protections to the buyer, known as the grantee, against any defects or claims that may arise on the property title during the time the granters owned the property. There are several subcategories or variations of Special Warranty Deeds that can be used in Tempe, Arizona, depending on specific circumstances or requirements. These include: 1. Traditional Special Warranty Deed: This is the most common form of Special Warranty Deed. It states that the granters (individuals or husband and wife) have held the property during their ownership period and will defend only against any claims or defects occurring during their ownership. This means that any claims or defects arising prior to their ownership are not the responsibility of the granters. 2. Special Warranty Deed with Additional Covenants: In some cases, the granters may choose to include additional covenants or promises in the Special Warranty Deed. These additional covenants can provide extra assurances to the grantee, such as the absence of encumbrances or prior mortgages on the property. 3. Special Warranty Deed in Lieu of Foreclosure: Sometimes, property owners in Tempe, Arizona may choose to transfer their property to a third party instead of going through a foreclosure process. In this scenario, the property owners (granters) use a Special Warranty Deed to convey their ownership to an individual, typically to satisfy a debt or loan. 4. Special Warranty Deed with Quitclaim of Spouse's Dower Rights: If a husband or wife owns the property individually, but their spouse needs to sign the deed to relinquish any potential dower or marital rights, a Special Warranty Deed with a quitclaim of spouse's dower rights may be used. This ensures that both spouses are aware of and agree to the transfer of ownership. It is crucial to consult with a qualified real estate attorney or legal professional to determine the most appropriate type of Special Warranty Deed in Tempe, Arizona, based on the specific situation and desired outcomes. This will ensure that the deed accurately reflects the intentions of the granters and provides the necessary protections for the grantee.
