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 Lima Arizona Special Warranty Deed — Three Individuals to One Individual is a legally binding document used to transfer ownership of a property located in Lima, Arizona. This type of deed guarantees a limited warranty, ensuring that the seller (three individuals) holds clear title to the property and is only responsible for any encumbrances or defects that occurred during their ownership. In this transaction, three individuals collectively grant the property to a single person, transferring their ownership rights, interests, and any associated responsibilities. The deed clearly specifies the names of the granters (the three individuals) and the grantee (the single individual), establishing a legally binding agreement between all parties involved. There are no known variations or different types of Lima Arizona Special Warranty Deed — Three Individuals to One Individual, as it is a specific type of deed that signifies a particular transfer of property from multiple owners to a single owner. However, it is always advisable to consult with a real estate attorney or a title company to ensure accurate completion of the deed documents and understand any jurisdiction-specific variations or requirements. When drafting or reviewing a Lima Arizona Special Warranty Deed — Three Individuals to One Individual, it is crucial to include the necessary information such as the legal description of the property, identification of the granters and grantee, a statement of consideration (the purchase price or exchange) for the property, and any additional terms or conditions agreed upon by all parties. It is also recommended conducting a title search prior to completing the deed to ensure that there are no outstanding liens, claims, or encumbrances that may affect the property's marketability. Once executed, the deed must be recorded with the appropriate county recorder's office to provide public notice of the ownership transfer. In summary, a Lima Arizona Special Warranty Deed — Three Individuals to One Individual is a legal document used to transfer property ownership from three individuals to a single individual in Lima, Arizona. This type of deed offers a limited warranty, protecting the grantee from any defects or encumbrances that occurred during the granters' ownership. Ensure that all necessary information is included, consult with professionals, and conduct a thorough title search before completing and recording the deed.A Lima Arizona Special Warranty Deed — Three Individuals to One Individual is a legally binding document used to transfer ownership of a property located in Lima, Arizona. This type of deed guarantees a limited warranty, ensuring that the seller (three individuals) holds clear title to the property and is only responsible for any encumbrances or defects that occurred during their ownership. In this transaction, three individuals collectively grant the property to a single person, transferring their ownership rights, interests, and any associated responsibilities. The deed clearly specifies the names of the granters (the three individuals) and the grantee (the single individual), establishing a legally binding agreement between all parties involved. There are no known variations or different types of Lima Arizona Special Warranty Deed — Three Individuals to One Individual, as it is a specific type of deed that signifies a particular transfer of property from multiple owners to a single owner. However, it is always advisable to consult with a real estate attorney or a title company to ensure accurate completion of the deed documents and understand any jurisdiction-specific variations or requirements. When drafting or reviewing a Lima Arizona Special Warranty Deed — Three Individuals to One Individual, it is crucial to include the necessary information such as the legal description of the property, identification of the granters and grantee, a statement of consideration (the purchase price or exchange) for the property, and any additional terms or conditions agreed upon by all parties. It is also recommended conducting a title search prior to completing the deed to ensure that there are no outstanding liens, claims, or encumbrances that may affect the property's marketability. Once executed, the deed must be recorded with the appropriate county recorder's office to provide public notice of the ownership transfer. In summary, a Lima Arizona Special Warranty Deed — Three Individuals to One Individual is a legal document used to transfer property ownership from three individuals to a single individual in Lima, Arizona. This type of deed offers a limited warranty, protecting the grantee from any defects or encumbrances that occurred during the granters' ownership. Ensure that all necessary information is included, consult with professionals, and conduct a thorough title search before completing and recording the deed.
