This form is a Warranty Deed where the grantors are husband and wife and the grantee is a trust. Grantors convey and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
Washington Warranty Deed from Husband and Wife to a Trust
Category:
State:
Washington
Control #:
WA-015-78
Format:
Word;
Rich Text
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How to fill out Washington Warranty Deed From Husband And Wife To A Trust?
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FAQ
Bring the original deed to the Registry of Deeds in your town in Washington. You must pay a recording fee to record the deed (the fee is usually no more than $50). Once the deed is recorded, ask an abstractor for the book and page in which it is recorded. It is now legal.
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.
If you'd like to avoid having your property going through the probate process, it's a good idea to look into a transfer on death deed. A transfer on death deed allows you to select a beneficiary who will receive your property, but only when you've passed away.
A statutory warranty deed is a legal document used to transfer real property.This type of deed guarantees that the grantor holds full and clear title to the property and will compensate the buyer should any claims emerge against the title in the future.
A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.
A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects. Most property sales make use of a warranty deed.Our title agents can help.
Signing: § 64.04. 020 requires that all quitclaim deeds in Washington are notarized by a notary public. Recording: In Washington, quitclaim deeds must be filed with the County Recorder's Office in the county where the property named in the deed resides. The Recorder's Office may charge a fee for filing this document.
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
The Washington transfer-on-death deed form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.