This form is a Warranty Deed where the grantors are husband and wife and the grantee is a trust. Grantors convey and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A warranty deed is a legal document used to transfer ownership of real estate from a seller, in this case, a husband and wife, to a trust in South Fulton, Georgia. It provides a guarantee to the buyer (the trust) that the sellers have the legal right to sell the property, and that there are no encumbrances or claims against the property other than those stated in the deed. In South Fulton, there are several types of warranty deeds that can be used to transfer property from a husband and wife to a trust, depending on the specific circumstances. Some different types of warranty deeds include: 1. General warranty deed: This type of warranty deed provides the highest level of protection to the buyer, as it guarantees that the sellers will defend the title against any claims that may arise from before or during their ownership of the property. 2. Special warranty deed: Unlike a general warranty deed, a special warranty deed only guarantees that the sellers will defend the title against claims that arise during their ownership. Any claims that existed prior to their ownership are not covered. 3. Limited warranty deed: This type of warranty deed offers a limited guarantee to the buyer. It only guarantees that the sellers have not done anything during their ownership to adversely affect the title to the property. 4. Quitclaim deed: Although not technically a warranty deed, a quitclaim deed can also be used to transfer property from a husband and wife to a trust. However, this type of deed offers no guarantee or protection to the buyer. It simply transfers whatever interest the sellers have in the property to the trust. It is recommended to consult with a qualified real estate attorney or legal professional in South Fulton, Georgia, to determine the most appropriate type of warranty deed for the specific transaction and to ensure compliance with local laws and regulations.A warranty deed is a legal document used to transfer ownership of real estate from a seller, in this case, a husband and wife, to a trust in South Fulton, Georgia. It provides a guarantee to the buyer (the trust) that the sellers have the legal right to sell the property, and that there are no encumbrances or claims against the property other than those stated in the deed. In South Fulton, there are several types of warranty deeds that can be used to transfer property from a husband and wife to a trust, depending on the specific circumstances. Some different types of warranty deeds include: 1. General warranty deed: This type of warranty deed provides the highest level of protection to the buyer, as it guarantees that the sellers will defend the title against any claims that may arise from before or during their ownership of the property. 2. Special warranty deed: Unlike a general warranty deed, a special warranty deed only guarantees that the sellers will defend the title against claims that arise during their ownership. Any claims that existed prior to their ownership are not covered. 3. Limited warranty deed: This type of warranty deed offers a limited guarantee to the buyer. It only guarantees that the sellers have not done anything during their ownership to adversely affect the title to the property. 4. Quitclaim deed: Although not technically a warranty deed, a quitclaim deed can also be used to transfer property from a husband and wife to a trust. However, this type of deed offers no guarantee or protection to the buyer. It simply transfers whatever interest the sellers have in the property to the trust. It is recommended to consult with a qualified real estate attorney or legal professional in South Fulton, Georgia, to determine the most appropriate type of warranty deed for the specific transaction and to ensure compliance with local laws and regulations.
