This form is a Special Warranty Deed where the Grantors are Co-Trustees of a Trust and the Grantees are two Individuals, or Husband and Wife. Grantors convey and specially warrant the described property to the Grantees. 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 Westminster Colorado Special Warranty Deed from a Trust (Two Co-Trustees) to Husband and Wife / Two Individuals is a legally binding document that facilitates the transfer of property ownership from a trust to two individuals, who can either be a married couple or two unrelated individuals. This type of deed provides a limited warranty of title, protecting the grantee's interests against any defects or claims arising only during the period of the granter's ownership. There are different variations of the Westminster Colorado Special Warranty Deed from a Trust (Two Co-Trustees) to Husband and Wife / Two Individuals, each catering to specific circumstances: 1. Single Property Special Warranty Deed: This version involves the transfer of ownership of a single property from a trust with two co-trustees to a husband and wife or two unrelated individuals. It ensures that the granters, acting as trustees, warrant the title only for the duration of their ownership. 2. Multiple Properties Special Warranty Deed: In situations where the trust holds multiple properties, a special warranty deed may be used to transfer ownership of specific properties to the husband and wife or two individuals as indicated in the deed. 3. Joint Tenancy Special Warranty Deed: This variation of the deed allows the husband and wife or two individuals to hold the property in joint tenancy, where each party has an equal share, with the right of survivorship. In the event of death, the surviving owner automatically inherits the deceased owner's share. 4. Tenants in Common Special Warranty Deed: In contrast to joint tenancy, a tenancy in common allows each party to have an undivided interest in the property. If either of the owners passes away, their share of the property passes according to their will or applicable state laws, rather than automatically being inherited by the co-owner. It is important to consult with a qualified legal professional or seek advice from a real estate attorney to determine the most suitable type of special warranty deed for your specific situation. The exact requirements and regulations may vary, so it is essential to ensure compliance with Westminster, Colorado laws and regulations when creating and executing this type of deed.A Westminster Colorado Special Warranty Deed from a Trust (Two Co-Trustees) to Husband and Wife / Two Individuals is a legally binding document that facilitates the transfer of property ownership from a trust to two individuals, who can either be a married couple or two unrelated individuals. This type of deed provides a limited warranty of title, protecting the grantee's interests against any defects or claims arising only during the period of the granter's ownership. There are different variations of the Westminster Colorado Special Warranty Deed from a Trust (Two Co-Trustees) to Husband and Wife / Two Individuals, each catering to specific circumstances: 1. Single Property Special Warranty Deed: This version involves the transfer of ownership of a single property from a trust with two co-trustees to a husband and wife or two unrelated individuals. It ensures that the granters, acting as trustees, warrant the title only for the duration of their ownership. 2. Multiple Properties Special Warranty Deed: In situations where the trust holds multiple properties, a special warranty deed may be used to transfer ownership of specific properties to the husband and wife or two individuals as indicated in the deed. 3. Joint Tenancy Special Warranty Deed: This variation of the deed allows the husband and wife or two individuals to hold the property in joint tenancy, where each party has an equal share, with the right of survivorship. In the event of death, the surviving owner automatically inherits the deceased owner's share. 4. Tenants in Common Special Warranty Deed: In contrast to joint tenancy, a tenancy in common allows each party to have an undivided interest in the property. If either of the owners passes away, their share of the property passes according to their will or applicable state laws, rather than automatically being inherited by the co-owner. It is important to consult with a qualified legal professional or seek advice from a real estate attorney to determine the most suitable type of special warranty deed for your specific situation. The exact requirements and regulations may vary, so it is essential to ensure compliance with Westminster, Colorado laws and regulations when creating and executing this type of deed.
