This form is a General Warranty Deed where the Grantors are Two Individuals and the Grantees are Two Individuals. The Grantees take the property as tenants in common or as joint tenants with the right of survivorship. Grantors convey and warrant the described property to Trustee of the Grantee. This deed complies with all state statutory laws.
Colorado General Warrant Deed - Two Individuals to Two Individuals
Category:
State:
Colorado
Control #:
CO-SDEED-8-26
Format:
Word;
Rich Text
Instant download
Description General Vs Special Warranty Deed
Free preview Difference Between General And Special Warranty Deed
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What Is The Difference Between General Warranty Deed And Special Warranty Deed Form popularity
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Covenant Of Quiet Enjoyment Colorado FAQ
A warranty deed is a document often used in real estate that provides the greatest amount of protection to the purchaser of a property. It pledges or warrants that the owner owns the property free and clear of any outstanding liens, mortgages, or other encumbrances against it.
In Colorado, this form of joint ownership is available: Joint tenancy. Property owned in joint tenancy automatically passes to the surviving owners when one owner dies. No probate is necessary.
DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.It is even possible that the Grantor does not have any title or ownership interest at all!
They are (1) covenant for seisin; (2) covenant of the right to convey; (3) covenant against encumbrances; (4) covenant for QUIET ENJOYMENT; (5) covenant of general WARRANTY; and (6) covenant for further assurances.
A seller, when giving a special warranty deed, warrants the buyer's title to the property only against any encumbrances on the property that were created DURING THE PERIOD OF THE SELLER'S OWNERSHIP OF THE PROPERTY.
The General Warranty Deed. A general warranty deed provides the highest level of protection for the buyer because it includes significant covenants or warranties conveyed by the grantor to the grantee. The Special Warranty Deed. The Bargain and Sale Deed. The Quitclaim Deed.
Colorado law does not recognize tenancy by the entirety. Property in Colorado can only be owned be- tween two or more individuals in joint tenancy or as tenants in common.
It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating
A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.