This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants 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 Phoenix Arizona Warranty Deed from Individual to Individual is a legal document that transfers ownership of real property from one individual (the granter) to another individual (the grantee) in the state of Arizona. It provides a guarantee or warranty of ownership to the grantee, ensuring that the granter has clear title to the property and the right to sell it. This type of warranty deed is considered the most secure form of property transfer, as it offers the greatest protection to the grantee against any unforeseen claims or disputes on the property title. It assures the grantee that the property will not be subjected to any prior liens, encumbrances, or other legal issues, except those specifically mentioned in the deed. The specific details included in a Phoenix Arizona Warranty Deed from Individual to Individual typically comprise the names and addresses of both the granter and grantee, a legal description of the property (including a reference to any relevant surveys or plats), the purchase price or consideration for the transfer, and any additional terms and conditions agreed upon by both parties. While the basic concept of a warranty deed remains the same, there can be different variations or subtypes based on specific circumstances or conditions involved in the property transfer process. Some of these variations include: 1. General Warranty Deed: This is the most common type of warranty deed that provides the highest level of protection to the grantee, as it guarantees against title defects for the entire history of the property. 2. Special Warranty Deed: This type of warranty deed offers a more limited warranty, protecting the grantee only against title issues or defects that may have arisen during the granter's ownership of the property. 3. Quitclaim Deed: While not a warranty deed per se, a quitclaim deed is often used in Phoenix, Arizona, to transfer property between individuals. It does not provide any warranty or guarantee of title, but rather allows the granter to remove themselves from any claim or interest they may have had in the property. In conclusion, a Phoenix Arizona Warranty Deed from Individual to Individual is a vital legal document used for transferring ownership of real estate property from one individual to another, ensuring the grantee's protection and guaranteeing a clear and marketable title.A Phoenix Arizona Warranty Deed from Individual to Individual is a legal document that transfers ownership of real property from one individual (the granter) to another individual (the grantee) in the state of Arizona. It provides a guarantee or warranty of ownership to the grantee, ensuring that the granter has clear title to the property and the right to sell it. This type of warranty deed is considered the most secure form of property transfer, as it offers the greatest protection to the grantee against any unforeseen claims or disputes on the property title. It assures the grantee that the property will not be subjected to any prior liens, encumbrances, or other legal issues, except those specifically mentioned in the deed. The specific details included in a Phoenix Arizona Warranty Deed from Individual to Individual typically comprise the names and addresses of both the granter and grantee, a legal description of the property (including a reference to any relevant surveys or plats), the purchase price or consideration for the transfer, and any additional terms and conditions agreed upon by both parties. While the basic concept of a warranty deed remains the same, there can be different variations or subtypes based on specific circumstances or conditions involved in the property transfer process. Some of these variations include: 1. General Warranty Deed: This is the most common type of warranty deed that provides the highest level of protection to the grantee, as it guarantees against title defects for the entire history of the property. 2. Special Warranty Deed: This type of warranty deed offers a more limited warranty, protecting the grantee only against title issues or defects that may have arisen during the granter's ownership of the property. 3. Quitclaim Deed: While not a warranty deed per se, a quitclaim deed is often used in Phoenix, Arizona, to transfer property between individuals. It does not provide any warranty or guarantee of title, but rather allows the granter to remove themselves from any claim or interest they may have had in the property. In conclusion, a Phoenix Arizona Warranty Deed from Individual to Individual is a vital legal document used for transferring ownership of real estate property from one individual to another, ensuring the grantee's protection and guaranteeing a clear and marketable title.