This form is an Authority to Release. The county clerk is authorized and requested to release from a deed of trust a parcel of land to the executor of the estate. The form must be signed in the presence of a notary public.
Warranty Deed Vs Quitclaim Deed Form California In Phoenix
State:
Multi-State
City:
Phoenix
Control #:
US-00186
Format:
Word;
Rich Text
Instant download
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FAQ
General warranty deeds: A general warranty deed provides the most protection to the buyer but gives the grantor the highest degree of liability. The grantor of a general warranty deed fully warrants good, clear title to the property.
It's safer to use a warranty deed any time you are not entirely sure of your or someone else's ownership stake in any property. If you are transferring a property to your child or to a revocable trust agreement as part of an estate plan, then a quitclaim deed could do the trick.
Quitclaim deed transfers are ideal for: transferring property interest between family members, such as a parent to a child.
It's safer to use a warranty deed any time you are not entirely sure of your or someone else's ownership stake in any property. If you are transferring a property to your child or to a revocable trust agreement as part of an estate plan, then a quitclaim deed could do the trick.
What Is the Strongest Type of Deed? For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While it's the best deed for the grantee, it gives the grantor the most liability.
General warranty deed It's the type of deed that offers the most buyer protection. When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims.
The most common deed form in Arizona is the warranty deed. Warranty deeds provide protection to the buyer in the form of a warranty by the seller that guarantees no issues with the title. Quitclaim deeds are available in Arizona, but often not insurable.
The signer requirements for an Arizona general warranty deed include the grantor or seller signing the deed in the presence of a Notary Public. If the grantor is married, it is also imperative that the spouse signs the deed to acknowledge the property transfer.
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The key difference between a warranty deed vs. Quitclaim deed is the level of protection offered.A quit claim deed functions as a restricted assurance in the property sphere, enabling the conveyance of a person's interest in real estate to another. A warranty deed and a quitclaim deed are two different types of real estate deeds that individuals use in property transactions based on their legality. Warranty deeds are the safer option when buying property versus simply transferring ownership. Most buyers will want this option. An Arizona general warranty deed allows the current owner (grantor) to transfer Arizona real estate to a new owner (grantee) with a full warranty of title. Our team provides complete case management services for quit claim deeds and warranty deeds in Tucson and Phoenix, AZ. Quitclaim deeds are used to legally transfer real property rights to either another person or to a legal entity, such as a trust or a partnership, for example. A quitclaim deed is the fastest and most affordable way to transfer ownership of property from a seller to a buyer.