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.
Scottsdale Arizona Warranty Deed — One Individual to Two Individuals is a legal document used in real estate transactions to transfer ownership of a property from one individual to two individuals. This type of deed ensures that the property being transferred is free of any liens, encumbrances, or claims. It provides a guarantee to the new owners (grantees) that the title to the property is valid and that the granter (original owner) holds the right to sell it. In Scottsdale Arizona, there are two main types of warranty deeds commonly used in this scenario: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the grantees. It guarantees that the granter has good and marketable title to the property, free from any defects or claims that may arise before or during the granter's ownership. The granter also warrants that they will defend the title against any future claims. 2. Special Warranty Deed: This type of warranty deed is slightly less comprehensive than a general warranty deed. It guarantees that the granter has not caused any defects in the title during their ownership. However, it does not cover any defects or claims that may have existed prior to the granter's ownership. This means that the grantees are protected only from issues arising from the granter's actions. When preparing a Scottsdale Arizona Warranty Deed — One Individual to Two Individuals, it is important to include key information such as the full legal names of both the granter and the grantees, a precise description of the property being transferred (including its legal description and address), the consideration or purchase price, and any specific terms and conditions related to the transfer. Additionally, it is crucial to have the deed properly executed and notarized to ensure its validity. It is highly recommended for both the granter and the grantees to seek the assistance of a real estate attorney or title company to facilitate the process of drafting, reviewing, and recording the deed with the appropriate county recorder's office. By utilizing a Scottsdale Arizona Warranty Deed — One Individual to Two Individuals, individuals can securely transfer ownership of a property while ensuring the security of their investment and protecting themselves from any potential future disputes or claims.Scottsdale Arizona Warranty Deed — One Individual to Two Individuals is a legal document used in real estate transactions to transfer ownership of a property from one individual to two individuals. This type of deed ensures that the property being transferred is free of any liens, encumbrances, or claims. It provides a guarantee to the new owners (grantees) that the title to the property is valid and that the granter (original owner) holds the right to sell it. In Scottsdale Arizona, there are two main types of warranty deeds commonly used in this scenario: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the grantees. It guarantees that the granter has good and marketable title to the property, free from any defects or claims that may arise before or during the granter's ownership. The granter also warrants that they will defend the title against any future claims. 2. Special Warranty Deed: This type of warranty deed is slightly less comprehensive than a general warranty deed. It guarantees that the granter has not caused any defects in the title during their ownership. However, it does not cover any defects or claims that may have existed prior to the granter's ownership. This means that the grantees are protected only from issues arising from the granter's actions. When preparing a Scottsdale Arizona Warranty Deed — One Individual to Two Individuals, it is important to include key information such as the full legal names of both the granter and the grantees, a precise description of the property being transferred (including its legal description and address), the consideration or purchase price, and any specific terms and conditions related to the transfer. Additionally, it is crucial to have the deed properly executed and notarized to ensure its validity. It is highly recommended for both the granter and the grantees to seek the assistance of a real estate attorney or title company to facilitate the process of drafting, reviewing, and recording the deed with the appropriate county recorder's office. By utilizing a Scottsdale Arizona Warranty Deed — One Individual to Two Individuals, individuals can securely transfer ownership of a property while ensuring the security of their investment and protecting themselves from any potential future disputes or claims.
