A Broken Arrow Oklahoma Warranty Deed from Husband and Wife to Husband and Wife refers to a legal document that transfers ownership of real property from a married couple to themselves. This type of deed ensures that the property is being transferred with a guarantee that the husband and wife hold clear title to the property and have the legal right to convey it. In Broken Arrow, Oklahoma, there are two common types of warranty deeds that may be utilized for transferring property between spouses — General Warranty Deed and Special Warranty Deed. 1. General Warranty Deed: A General Warranty Deed offers the highest level of protection for the grantee (the receiving party) by providing a warranty against any defects in title, including those that may have occurred prior to the granter's ownership. This type of deed assures the grantee that they are receiving the property free from any claims or encumbrances. It guarantees that the granter will defend the title against any future claims that may arise. 2. Special Warranty Deed: A Special Warranty Deed grants a more limited warranty to the grantee. It ensures that the granter (the transferring party) warrants the title only against any claims or encumbrances that may have arisen during their ownership period. The granter does not warrant against any defects or issues that may have existed prior to their ownership. This type of deed offers a slightly lower level of protection compared to a General Warranty Deed, as it does not cover potential pre-existing issues. When executing a Broken Arrow Oklahoma Warranty Deed from Husband and Wife to Husband and Wife, several essential elements should be mentioned in the document. These include: — The complete legal names and addresses of both the husband and wife acting as granters (transferring parties) and grantees (receiving parties). — A detailed legal description of the property being conveyed, outlining boundaries, any easements, and any other relevant features. — A statement indicating the intention to transfer the property with the usual covenants of warranty and conveying the granter's interest to the grantees. — A statement affirming that the property is free from liens or encumbrances, unless otherwise specified in the deed. — The signatures of both the husband and wife granters, along with their notarization. In summary, a Broken Arrow Oklahoma Warranty Deed from Husband and Wife to Husband and Wife is a legally binding document that facilitates the transfer of property ownership between spouses, providing assurance of a clear title. The two common types of warranty deeds used in this context are the General Warranty Deed and the Special Warranty Deed, each offering a different level of protection for the grantee.