This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A special warranty deed is a legal document used to transfer ownership of property from one individual to another in Moreno Valley, California. This type of deed guarantees that the seller will defend the title against any claims arising during their ownership, but not against claims that existed before they acquired the property. It offers a limited warranty, providing protection only for issues that occurred during the seller's ownership period. In Moreno Valley, California, there are a few different types of special warranty deeds that individuals may come across during property transactions. These include: 1. General Special Warranty Deed: This is the most common type of special warranty deed. It guarantees the buyer that the property has not undergone any negative changes under the current owner's possession. 2. Limited Special Warranty Deed: This deed assures the buyer that the property is free from defects and encumbrances only during the time the current owner has owned the property, excluding any past issues. 3. Special Warranty Deed with Exception: This type of special warranty deed specifies certain exceptions that the seller will not defend against. These exceptions could include specific claims or issues that the seller wants to make clear they will not be responsible for. 4. Special Warranty Deed in Lieu of Foreclosure: This special warranty deed is often used in situations of foreclosure. It allows the lender to transfer the property to a new owner without assuming full responsibility for any defects or claims, limiting their warranty to their ownership period. Any individual involved in a property transfer in Moreno Valley, California should carefully review the specific type of special warranty deed being used and consult with a real estate attorney or agent to ensure they understand its terms and limitations. It is crucial to conduct a thorough title search to identify any potential pre-existing claims or encumbrances before finalizing the transaction.A special warranty deed is a legal document used to transfer ownership of property from one individual to another in Moreno Valley, California. This type of deed guarantees that the seller will defend the title against any claims arising during their ownership, but not against claims that existed before they acquired the property. It offers a limited warranty, providing protection only for issues that occurred during the seller's ownership period. In Moreno Valley, California, there are a few different types of special warranty deeds that individuals may come across during property transactions. These include: 1. General Special Warranty Deed: This is the most common type of special warranty deed. It guarantees the buyer that the property has not undergone any negative changes under the current owner's possession. 2. Limited Special Warranty Deed: This deed assures the buyer that the property is free from defects and encumbrances only during the time the current owner has owned the property, excluding any past issues. 3. Special Warranty Deed with Exception: This type of special warranty deed specifies certain exceptions that the seller will not defend against. These exceptions could include specific claims or issues that the seller wants to make clear they will not be responsible for. 4. Special Warranty Deed in Lieu of Foreclosure: This special warranty deed is often used in situations of foreclosure. It allows the lender to transfer the property to a new owner without assuming full responsibility for any defects or claims, limiting their warranty to their ownership period. Any individual involved in a property transfer in Moreno Valley, California should carefully review the specific type of special warranty deed being used and consult with a real estate attorney or agent to ensure they understand its terms and limitations. It is crucial to conduct a thorough title search to identify any potential pre-existing claims or encumbrances before finalizing the transaction.
