This form is a Warranty Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and warrant the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A warranty deed is a legal document commonly used in real estate transactions that transfers ownership of a property from one party to another. In Mesa, Arizona, a warranty deed from a husband and wife to an individual signifies the transfer of property ownership from a married couple to a single individual. Here is a detailed description of this type of deed and its different variations: A Mesa Arizona Warranty Deed from Husband and Wife to Individual is a legally binding document that guarantees the transfer of property ownership rights, free of any liens or claims, from a married couple (husband and wife) to an individual purchaser. This type of deed offers a high level of protection to the buyer, ensuring that the property being purchased is not subject to any undisclosed complications. The warranty deed includes specific information about the property being transferred, including the legal description, exact address, and parcel identification number. It also details the names of the transferring parties (husband and wife) and the recipient (individual). There are two main variations of a Mesa Arizona Warranty Deed from Husband and Wife to Individual: 1. General Warranty Deed: In this type of warranty deed, the transferring parties (husband and wife) provide a guarantee that they are the lawful owners of the property and have the legal authority to transfer ownership. They also ensure that the property is free from any encumbrances, claims, or title defects, except those mentioned in the deed. The couple accepts full responsibility and liability for any future claims that may arise, even if the claim is based on events that occurred before they acquired the property. 2. Special Warranty Deed: In a special warranty deed, the transferring parties (husband and wife) only guarantee that they have not personally caused any claims or encumbrances to arise during their ownership. They do not provide any assurances regarding potential claims or issues that may have arisen prior to their ownership. This means that the individual buyer will be responsible for any claims that existed before the couple acquired the property. Both variations of the warranty deed require the transferring parties to sign the document in the presence of a notary public for it to be legally valid. It is also essential to record the warranty deed with the appropriate county recorder's office to establish a public record of the property transfer. In summary, a Mesa Arizona Warranty Deed from Husband and Wife to Individual is a legal document used to transfer property ownership from a married couple to an individual buyer. The deed ensures that the property is free from any undisclosed issues or liens, protecting the buyer's interests in the transaction. Different variations include the General Warranty Deed and the Special Warranty Deed, each providing differing levels of assurance regarding the property's history and potential claims.
