This form is a Warranty Deed where the grantor is a trust and the grantee is an individual. Grantor conveys the described property to the grantee. This deed complies with all state statutory laws.
Maricopa Arizona Warranty Deed — Trust to One Individual is a legal document used to transfer ownership of real property to an individual, commonly known as the beneficiary or grantee, through the creation of a trust. This kind of deed provides a guarantee that the property is free from any encumbrances or claims, ensuring the recipient has a clear and marketable title. In Maricopa, Arizona, there are several types of warranty deeds that can be used for trust transfers to one individual. Some common variations include: 1. General Warranty Deed: This type of warranty deed guarantees that the granter (the person transferring the property) has the legal right to convey the property and promises to defend the title against any claims or issues that may arise. 2. Special Warranty Deed: Unlike a general warranty deed, this type of deed only provides limited warranties. It assures the grantee that the granter has not caused any encumbrances or issues during their ownership of the property, but does not protect against any claims or issues that existed prior to the granter's ownership. 3. Survivorship Deed: Also known as a grant deed or joint tenancy with right of survivorship deed, this type of warranty deed is used when the property is held in joint tenancy by multiple individuals. It guarantees that the surviving joint tenant(s) will automatically inherit the deceased joint tenant's share of the property, avoiding probate. 4. Transfer on Death Deed: This type of deed allows the current property owner to designate a specific individual who will inherit the property upon their death, without the need for probate. It remains revocable during the granter's lifetime and does not transfer the property until their passing. When preparing a Maricopa Arizona Warranty Deed — Trust to One Individual, it is crucial to include important details such as the legal description of the property, the names and roles of the involved parties (granter, trustee, and beneficiary), the terms of the trust, any specific conditions or restrictions attached to the transfer, and the signatures of all parties involved. By utilizing a warranty deed for trust transfers, individuals in Maricopa, Arizona can ensure a smooth and secure transfer of real property to one individual, providing both peace of mind and legal protection for all parties involved.
