This form is a Warranty Deed where the Grantors are two individuals and the Grantee is an individual. Grantors convey and warrant the described property to the Grantee.
A Sunnyvale California Warranty Deed from Two Individuals to an Individual is a legally binding document used to transfer ownership of a property from two individuals to a single individual while guaranteeing the property's title against any past claims or encumbrances. This type of deed provides extensive protection to the buyer or grantee. The main purpose of a warranty deed is to ensure that the property being conveyed is free from any known or unknown liens, mortgages, or title defects. It guarantees the grantee the right to enjoy and possess the property without being disturbed by any third-party claims. Types of Sunnyvale California Warranty Deed from Two Individuals to an Individual: 1. General Warranty Deed: This is the most common type of warranty deed. It offers the broadest form of protection to the grantee, guaranteeing against all claims, even those arising before the granter acquired the property. 2. Special Warranty Deed: This type of warranty deed only provides limited protection. It guarantees that the granter has not caused any encumbrances on the property, allowing the grantee to sue for any defects caused by the granter but not those caused by previous owners or claimants. 3. Quitclaim Deed: Although not a warranty deed, a quitclaim deed is sometimes used for property transfers. It provides the least amount of protection to the grantee as it only transfers the granter's interest in the property, without guaranteeing the absence of any encumbrances. This type of deed is commonly used in situations such as gifting property within a family or adding or removing a spouse from a property title. When preparing a Sunnyvale California Warranty Deed from Two Individuals to an Individual, it is crucial to include specific details such as: — Names and addresses of both thgrantersrs (individuals transferring the property) and the grantee (individual receiving the property) — Legal description of the property, including the address and parcel number — The consideration or purchase price for the property — A statement that thgrantersrs are conveying the property with full warranty against any claims — Signatures of botgrantersrs in the presence of a notary public — A date of execution It is highlrecommended consulting a qualified real estate attorney or a title company when preparing or executing a warranty deed to ensure all legal requirements are met and to address any potential concerns or issues related to the transfer of property ownership.A Sunnyvale California Warranty Deed from Two Individuals to an Individual is a legally binding document used to transfer ownership of a property from two individuals to a single individual while guaranteeing the property's title against any past claims or encumbrances. This type of deed provides extensive protection to the buyer or grantee. The main purpose of a warranty deed is to ensure that the property being conveyed is free from any known or unknown liens, mortgages, or title defects. It guarantees the grantee the right to enjoy and possess the property without being disturbed by any third-party claims. Types of Sunnyvale California Warranty Deed from Two Individuals to an Individual: 1. General Warranty Deed: This is the most common type of warranty deed. It offers the broadest form of protection to the grantee, guaranteeing against all claims, even those arising before the granter acquired the property. 2. Special Warranty Deed: This type of warranty deed only provides limited protection. It guarantees that the granter has not caused any encumbrances on the property, allowing the grantee to sue for any defects caused by the granter but not those caused by previous owners or claimants. 3. Quitclaim Deed: Although not a warranty deed, a quitclaim deed is sometimes used for property transfers. It provides the least amount of protection to the grantee as it only transfers the granter's interest in the property, without guaranteeing the absence of any encumbrances. This type of deed is commonly used in situations such as gifting property within a family or adding or removing a spouse from a property title. When preparing a Sunnyvale California Warranty Deed from Two Individuals to an Individual, it is crucial to include specific details such as: — Names and addresses of both thgrantersrs (individuals transferring the property) and the grantee (individual receiving the property) — Legal description of the property, including the address and parcel number — The consideration or purchase price for the property — A statement that thgrantersrs are conveying the property with full warranty against any claims — Signatures of botgrantersrs in the presence of a notary public — A date of execution It is highlrecommended consulting a qualified real estate attorney or a title company when preparing or executing a warranty deed to ensure all legal requirements are met and to address any potential concerns or issues related to the transfer of property ownership.