Florida Warranty Deed for Surface with Limited Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-320
• Format: Word; Rich Text

Description

This form of deed conveys the surface estate in existing lands pursuant to a contract of sale. A Florida Warranty Deed for Surface with Limited Warranty is a legal document used to transfer ownership of a property's surface rights from one party to another in the state of Florida. This type of deed provides a limited guarantee of the property's title and condition, protecting the buyer against any defects or claims that may arise. The Limited Warranty aspect of this deed promises that the granter (seller) has the legal authority to transfer the property and that there are no outstanding liens or encumbrances, other than those specifically disclosed in the deed. It also assures that the granter has not previously conveyed the property to another party and that the property is free from any rightful claims of other individuals or entities. One different type of Florida Warranty Deed with Limited Warranty is the Special Warranty Deed. Unlike the general Warranty Deed, which provides a broader and more extensive warranty of title, the Special Warranty Deed only guarantees that the granter has not caused any defects to the property's title during their ownership period. This means that the granter is not responsible for any issues that may have existed before they acquired the property. Another type is the Quitclaim Deed, which is commonly used to transfer ownership when there may be doubts about the title's condition or when no guarantees are made regarding the granter's interest in the property. In this case, the granter simply transfers their rights and interest in the property without making any claims or warranties about the title. When drafting a Florida Warranty Deed for Surface with Limited Warranty, it is crucial to include relevant information such as the legal description of the property, the names and addresses of both the granter and the grantee, the purchase price or consideration, and any additional provisions or conditions agreed upon by both parties. It is advisable to consult with a qualified attorney or real estate professional to ensure compliance with Florida state laws and regulations regarding the preparation and execution of warranty deeds.

A Florida Warranty Deed for Surface with Limited Warranty is a legal document used to transfer ownership of a property's surface rights from one party to another in the state of Florida. This type of deed provides a limited guarantee of the property's title and condition, protecting the buyer against any defects or claims that may arise. The Limited Warranty aspect of this deed promises that the granter (seller) has the legal authority to transfer the property and that there are no outstanding liens or encumbrances, other than those specifically disclosed in the deed. It also assures that the granter has not previously conveyed the property to another party and that the property is free from any rightful claims of other individuals or entities. One different type of Florida Warranty Deed with Limited Warranty is the Special Warranty Deed. Unlike the general Warranty Deed, which provides a broader and more extensive warranty of title, the Special Warranty Deed only guarantees that the granter has not caused any defects to the property's title during their ownership period. This means that the granter is not responsible for any issues that may have existed before they acquired the property. Another type is the Quitclaim Deed, which is commonly used to transfer ownership when there may be doubts about the title's condition or when no guarantees are made regarding the granter's interest in the property. In this case, the granter simply transfers their rights and interest in the property without making any claims or warranties about the title. When drafting a Florida Warranty Deed for Surface with Limited Warranty, it is crucial to include relevant information such as the legal description of the property, the names and addresses of both the granter and the grantee, the purchase price or consideration, and any additional provisions or conditions agreed upon by both parties. It is advisable to consult with a qualified attorney or real estate professional to ensure compliance with Florida state laws and regulations regarding the preparation and execution of warranty deeds.