This form is a Special Warranty Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and specially warrant the described property to the grantee. 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 Charlotte, North Carolina Special Warranty Deed — Husband and Wife to Individual is a legal document that transfers ownership of a property from a married couple to an individual, providing certain protections and guarantees for the buyer. This type of deed is commonly used in real estate transactions to ensure the property's title is free from any defects or encumbrances during the time the couple owned it. The key feature of a Special Warranty Deed is that it guarantees the property's title against any claims arising during the time the sellers, who are identified as the husband and wife, owned the property. This means that the sellers will defend the buyer against any legal claims that may arise from previous owners or any other entities related to the property. This type of deed is often used in transactions involving a married couple as sellers, who jointly own the property. By using a Special Warranty Deed, the sellers assure the buyer that they have not done anything during their ownership that could adversely affect the title to the property, other than the exceptions and limitations explicitly mentioned in the deed. It is important to note that there can be different variations or subtypes of the Charlotte North Carolina Special Warranty Deed — Husband and Wife to Individual, such as: 1. General Special Warranty Deed: This variant provides a broad level of protection to the buyer, guaranteeing that the sellers will defend the title against any claims or defects during their ownership, except for those explicitly stated in the deed. 2. Limited Special Warranty Deed: This subtype offers a narrower level of protection compared to a general special warranty deed. The sellers only warrant and defend against defects or encumbrances arising during their ownership, excluding any claims that may have existed prior to their acquisition of the property. 3. Special Warranty Deed with Exceptions: In this type of deed, the sellers provide warranties and protections to the buyer but explicitly list any known defects, encumbrances, or limitations that exist on the property. These exceptions act as a disclosure to the buyer regarding the mentioned issues. It is crucial for both buyers and sellers to consult with a real estate attorney or experienced professional to understand the specific terms, conditions, limitations, and protection provided by the different types of special warranty deeds in Charlotte, North Carolina, and to ensure the deed complies with all legal requirements.A Charlotte, North Carolina Special Warranty Deed — Husband and Wife to Individual is a legal document that transfers ownership of a property from a married couple to an individual, providing certain protections and guarantees for the buyer. This type of deed is commonly used in real estate transactions to ensure the property's title is free from any defects or encumbrances during the time the couple owned it. The key feature of a Special Warranty Deed is that it guarantees the property's title against any claims arising during the time the sellers, who are identified as the husband and wife, owned the property. This means that the sellers will defend the buyer against any legal claims that may arise from previous owners or any other entities related to the property. This type of deed is often used in transactions involving a married couple as sellers, who jointly own the property. By using a Special Warranty Deed, the sellers assure the buyer that they have not done anything during their ownership that could adversely affect the title to the property, other than the exceptions and limitations explicitly mentioned in the deed. It is important to note that there can be different variations or subtypes of the Charlotte North Carolina Special Warranty Deed — Husband and Wife to Individual, such as: 1. General Special Warranty Deed: This variant provides a broad level of protection to the buyer, guaranteeing that the sellers will defend the title against any claims or defects during their ownership, except for those explicitly stated in the deed. 2. Limited Special Warranty Deed: This subtype offers a narrower level of protection compared to a general special warranty deed. The sellers only warrant and defend against defects or encumbrances arising during their ownership, excluding any claims that may have existed prior to their acquisition of the property. 3. Special Warranty Deed with Exceptions: In this type of deed, the sellers provide warranties and protections to the buyer but explicitly list any known defects, encumbrances, or limitations that exist on the property. These exceptions act as a disclosure to the buyer regarding the mentioned issues. It is crucial for both buyers and sellers to consult with a real estate attorney or experienced professional to understand the specific terms, conditions, limitations, and protection provided by the different types of special warranty deeds in Charlotte, North Carolina, and to ensure the deed complies with all legal requirements.
