This form is a Warranty Deed where the Grantors are two individuals or husband and wife, both acting through an attorney in fact authorized by a recorded power of attorney, and the Grantee is an individual. Grantors convey and warrant the described property to Grantee. This deed complies with all state statutory laws.
A Warranty Deed is a legal document that transfers ownership of real property from one party, known as the Granter, to another party, known as the Grantee. In the context of Indianapolis, Indiana, there is a specific type of Warranty Deed when two individuals, or a Husband and Wife, act as Granters on the deed. Additionally, this type of deed can be executed through an attorney in fact, who is authorized by the Granters to act on their behalf. The purpose of this deed is to guarantee that the Granters have clear title and full ownership rights to the property being transferred. It assures the Grantee that they will receive the property free from any prior claims, liens, or encumbrances, except as expressly stated in the deed. The specific keywords relevant to this type of Warranty Deed in Indianapolis, Indiana are as follows: — "Indianapolis": Refers to the location where the property is situated. It indicates that the deed complies with the laws and regulations governing real estate transactions in Indianapolis, within the state of Indiana. — "Warranty Deed": Describes the type of deed being executed, which transfers ownership of real property and provides a guarantee, or warranty, to the Grantee. — "Two Individuals, or Husband and Wife": Indicates that the Granters can be two separate individuals or a married couple acting together as Granters on the deed. This signifies that multiple people are transferring ownership of the property. Granters rsrs": The parties who currently own the property and are transferring it to the Grantee. In this case, it refers to the two individuals or the Husband and Wife acting as Granters. — "By Attorney in Fact": Specifies that the Granters are granting power of attorney to an attorney or authorized individual to act on their behalf in executing the deed. This ensures that the deed is legally valid and binding. — "Individual Grantee": Identifies the specific person or entity who will be receiving ownership of the property. It differentiates this type of deed from other types that may involve corporations, trusts, or multiple Grantees. There may be variations or further specifications within this type of Warranty Deed, depending on the specific circumstances or legal requirements of the transaction. It is advisable to consult with a qualified attorney or real estate professional to ensure that the deed is drafted accurately and complies with all relevant laws and regulations in Indianapolis, Indiana.A Warranty Deed is a legal document that transfers ownership of real property from one party, known as the Granter, to another party, known as the Grantee. In the context of Indianapolis, Indiana, there is a specific type of Warranty Deed when two individuals, or a Husband and Wife, act as Granters on the deed. Additionally, this type of deed can be executed through an attorney in fact, who is authorized by the Granters to act on their behalf. The purpose of this deed is to guarantee that the Granters have clear title and full ownership rights to the property being transferred. It assures the Grantee that they will receive the property free from any prior claims, liens, or encumbrances, except as expressly stated in the deed. The specific keywords relevant to this type of Warranty Deed in Indianapolis, Indiana are as follows: — "Indianapolis": Refers to the location where the property is situated. It indicates that the deed complies with the laws and regulations governing real estate transactions in Indianapolis, within the state of Indiana. — "Warranty Deed": Describes the type of deed being executed, which transfers ownership of real property and provides a guarantee, or warranty, to the Grantee. — "Two Individuals, or Husband and Wife": Indicates that the Granters can be two separate individuals or a married couple acting together as Granters on the deed. This signifies that multiple people are transferring ownership of the property. Granters rsrs": The parties who currently own the property and are transferring it to the Grantee. In this case, it refers to the two individuals or the Husband and Wife acting as Granters. — "By Attorney in Fact": Specifies that the Granters are granting power of attorney to an attorney or authorized individual to act on their behalf in executing the deed. This ensures that the deed is legally valid and binding. — "Individual Grantee": Identifies the specific person or entity who will be receiving ownership of the property. It differentiates this type of deed from other types that may involve corporations, trusts, or multiple Grantees. There may be variations or further specifications within this type of Warranty Deed, depending on the specific circumstances or legal requirements of the transaction. It is advisable to consult with a qualified attorney or real estate professional to ensure that the deed is drafted accurately and complies with all relevant laws and regulations in Indianapolis, Indiana.