This form is a Warranty Deed where the grantor is an individual and the grantees are two individuals. The grantees take the property as tenents in common or joint tenants with the right of survivorship. Grantor conveys and warrants the described property to grantees. This deed complies with all state statutory laws.
A Lima Arizona Warranty Deed — One Individual to Two Individuals is a legal document that transfers ownership of real property from one individual to two individuals. This type of deed ensures that the property is transferred with a warranty, meaning the granter guarantees that they have full legal ownership of the property and will defend the title against any claims. In Lima, Arizona, there are several types of warranty deeds that fall under this category. They include: 1. General Warranty Deed: This is the most common type of warranty deed. It provides the highest level of protection for the grantee (the individuals receiving the property) as it guarantees title against any claims or defects, both present and in the past. 2. Special Warranty Deed: This type of warranty deed also guarantees title, but only for the duration the granter owned the property. It protects the grantee against claims arising during the granter's ownership but does not cover any issues that may have existed prior to their ownership. 3. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed is often used in situations where one individual wishes to transfer their ownership interest to two other individuals. Unlike a warranty deed, it does not offer any guarantees or warranties, but simply transfers whatever ownership interest the granter has in the property. When using a Lima Arizona Warranty Deed — One Individual to Two Individuals, it is essential to include specific details about the property being transferred, such as the legal description, property address, and any relevant property identification numbers. Both the granter and the grantee must be identified with their full legal names, and the deed should be signed and notarized by both parties. It is crucial to consult with a qualified real estate attorney or professional to ensure the accuracy and legality of the document, as well as to discuss any specific requirements or considerations applicable to Lima, Arizona.A Lima Arizona Warranty Deed — One Individual to Two Individuals is a legal document that transfers ownership of real property from one individual to two individuals. This type of deed ensures that the property is transferred with a warranty, meaning the granter guarantees that they have full legal ownership of the property and will defend the title against any claims. In Lima, Arizona, there are several types of warranty deeds that fall under this category. They include: 1. General Warranty Deed: This is the most common type of warranty deed. It provides the highest level of protection for the grantee (the individuals receiving the property) as it guarantees title against any claims or defects, both present and in the past. 2. Special Warranty Deed: This type of warranty deed also guarantees title, but only for the duration the granter owned the property. It protects the grantee against claims arising during the granter's ownership but does not cover any issues that may have existed prior to their ownership. 3. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed is often used in situations where one individual wishes to transfer their ownership interest to two other individuals. Unlike a warranty deed, it does not offer any guarantees or warranties, but simply transfers whatever ownership interest the granter has in the property. When using a Lima Arizona Warranty Deed — One Individual to Two Individuals, it is essential to include specific details about the property being transferred, such as the legal description, property address, and any relevant property identification numbers. Both the granter and the grantee must be identified with their full legal names, and the deed should be signed and notarized by both parties. It is crucial to consult with a qualified real estate attorney or professional to ensure the accuracy and legality of the document, as well as to discuss any specific requirements or considerations applicable to Lima, Arizona.
