This form is a Special Warranty Deed where the grantors are three individuals and the grantee is an individual. Grantors convey and specially warrant the described property to the grantee. The grantors only warrant and will defend the property only as to claims of persons claiming by, through or under grantors, but not otherwise. This deed complies with all state statutory laws.
A Phoenix Arizona Special Warranty Deed — Three Individuals to One Individual is a legal document that transfers ownership of real property from three individuals to a single individual under certain specified conditions. This type of deed guarantees that the granter has the legal right to transfer the property and protects the grantee against any claims or issues that may arise during the granter's ownership of the property. There are a few different types of Phoenix Arizona Special Warranty Deed — Three Individuals to One Individual. These include: 1. Joint Tenancy with Rights of Survivorship: This type of deed allows the property to be owned by multiple individuals as joint tenants. If one of the joint tenants passes away, their share automatically transfers to the surviving joint tenants. 2. Tenancy in Common: Under this type of deed, each individual has a distinct, undivided ownership interest in the property. Each person can sell, transfer, or will their share to another individual. 3. Community Property: In Arizona, property acquired during a marriage is considered community property. A special warranty deed under this category would include three individuals who hold ownership as community property. Regardless of the specific type of special warranty deed, it is important to note that this document must be properly prepared and executed in accordance with Arizona state laws. It typically includes the names and contact information of all parties involved, a legal description of the property being transferred, a statement of consideration (the amount paid for the property), and any additional terms or conditions agreed upon by the parties. It is recommended to consult with a legal professional or experienced real estate attorney to ensure the deed is correctly completed and recorded with the appropriate government agency.A Phoenix Arizona Special Warranty Deed — Three Individuals to One Individual is a legal document that transfers ownership of real property from three individuals to a single individual under certain specified conditions. This type of deed guarantees that the granter has the legal right to transfer the property and protects the grantee against any claims or issues that may arise during the granter's ownership of the property. There are a few different types of Phoenix Arizona Special Warranty Deed — Three Individuals to One Individual. These include: 1. Joint Tenancy with Rights of Survivorship: This type of deed allows the property to be owned by multiple individuals as joint tenants. If one of the joint tenants passes away, their share automatically transfers to the surviving joint tenants. 2. Tenancy in Common: Under this type of deed, each individual has a distinct, undivided ownership interest in the property. Each person can sell, transfer, or will their share to another individual. 3. Community Property: In Arizona, property acquired during a marriage is considered community property. A special warranty deed under this category would include three individuals who hold ownership as community property. Regardless of the specific type of special warranty deed, it is important to note that this document must be properly prepared and executed in accordance with Arizona state laws. It typically includes the names and contact information of all parties involved, a legal description of the property being transferred, a statement of consideration (the amount paid for the property), and any additional terms or conditions agreed upon by the parties. It is recommended to consult with a legal professional or experienced real estate attorney to ensure the deed is correctly completed and recorded with the appropriate government agency.
