This form is a Special Warranty Deed where the Grantors are husband and wife, or two individuals, and the Grantee is a trust. Grantors convey and specially warrant the described property to the Grantee. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.
A Tempe Arizona Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust is a legally binding document used to transfer ownership of a property from two individuals, typically a married couple, to a trust. This type of deed provides a limited guarantee to the grantee (the trust), stating that the granter (the couple) holds the title to the property and has not encumbered it in any way, except as specifically mentioned in the deed. In Tempe, Arizona, there are a few different types of Special Warranty Deeds from Two Individuals, or Husband and Wife, to a Trust, depending on the specific circumstances and intentions of the parties involved. These include: 1. Tempe Arizona Joint Tenancy Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust: This type of deed is used when the couple wants to transfer ownership to a trust while retaining equal rights of survivorship. In the event of the death of one spouse, the surviving spouse automatically becomes the sole owner of the property. 2. Tempe Arizona Tenants in Common Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust: This deed is used when the couple wants to transfer ownership to a trust while maintaining separate shares of ownership. In this arrangement, each spouse owns a specific percentage or fraction of the property, which can be passed on to their respective beneficiaries upon their death. 3. Tempe Arizona Community Property Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust: This type of deed is applicable when the couple wants to transfer their community property, which is jointly owned by both spouses, into a trust. Community property entails assets acquired during the marriage and is subject to equal division upon divorce or death. Regardless of the specific type, a Special Warranty Deed provides some level of protection to the grantee by warranting only against claims arising during the granter's ownership, and not against any claims that may have existed before that time. This type of deed is commonly used to transfer real estate assets into a trust, offering the grantee peace of mind regarding potential title issues. It is advisable for parties involved to consult with an attorney or legal professional to ensure the deed accurately reflects their intentions and complies with state laws and regulations.A Tempe Arizona Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust is a legally binding document used to transfer ownership of a property from two individuals, typically a married couple, to a trust. This type of deed provides a limited guarantee to the grantee (the trust), stating that the granter (the couple) holds the title to the property and has not encumbered it in any way, except as specifically mentioned in the deed. In Tempe, Arizona, there are a few different types of Special Warranty Deeds from Two Individuals, or Husband and Wife, to a Trust, depending on the specific circumstances and intentions of the parties involved. These include: 1. Tempe Arizona Joint Tenancy Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust: This type of deed is used when the couple wants to transfer ownership to a trust while retaining equal rights of survivorship. In the event of the death of one spouse, the surviving spouse automatically becomes the sole owner of the property. 2. Tempe Arizona Tenants in Common Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust: This deed is used when the couple wants to transfer ownership to a trust while maintaining separate shares of ownership. In this arrangement, each spouse owns a specific percentage or fraction of the property, which can be passed on to their respective beneficiaries upon their death. 3. Tempe Arizona Community Property Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust: This type of deed is applicable when the couple wants to transfer their community property, which is jointly owned by both spouses, into a trust. Community property entails assets acquired during the marriage and is subject to equal division upon divorce or death. Regardless of the specific type, a Special Warranty Deed provides some level of protection to the grantee by warranting only against claims arising during the granter's ownership, and not against any claims that may have existed before that time. This type of deed is commonly used to transfer real estate assets into a trust, offering the grantee peace of mind regarding potential title issues. It is advisable for parties involved to consult with an attorney or legal professional to ensure the deed accurately reflects their intentions and complies with state laws and regulations.
