This form is a Special Warranty Deed where the grantor is an individual and the grantees are husband and wife. Grantor conveys and specially warrants the described property to the grantees. The grantor only warrants and will defend the property only as to claims of persons claiming by, through or under grantor, but not otherwise. The grantees take the property as community property with the right of survivorship, community property, joint tenants with the right of survivorship or as tenants in common. This deed complies with all state statutory laws.
A Special Warranty Deed is a legally binding document used for transferring ownership of property from an individual to a husband and wife in Tucson, Arizona. This type of deed assures the buyer that the property is free from any encumbrances or defects except those specifically mentioned in the deed. In Tucson, Arizona, there are different types of Special Warranty Deeds available when transferring property from an individual to a husband and wife. These variations include: 1. Tucson Arizona Special Warranty Deed — Individual to Husband and Wife with Rights of Survivorship: This type of deed grants ownership rights to the husband and wife as joint tenants with the right of survivorship. In the event of the death of one spouse, the property automatically transfers to the surviving spouse, bypassing the probate process. 2. Tucson Arizona Special Warranty Deed — Individual to Husband and Wife as Tenants in Common: With this form of deed, both the husband and wife own a specific share of the property, which may not necessarily be equal. In the event of one spouse's death, their share will not automatically transfer to the surviving spouse but will be subject to the deceased spouse's estate planning, will, or probate process. 3. Tucson Arizona Special Warranty Deed — Individual to Husband and Wife with Community Property Rights: In Tucson, Arizona, married couples can choose to hold property as community property. This type of deed specifies that the property acquired during the marriage is owned equally by both spouses. In the event of divorce or death, the property is typically divided equally or as otherwise stated in a prenuptial or postnuptial agreement. It is important to consult with a qualified real estate attorney or legal professional to determine the most suitable type of Special Warranty Deed for individual circumstances, as each variation has its own implications and consequences.A Special Warranty Deed is a legally binding document used for transferring ownership of property from an individual to a husband and wife in Tucson, Arizona. This type of deed assures the buyer that the property is free from any encumbrances or defects except those specifically mentioned in the deed. In Tucson, Arizona, there are different types of Special Warranty Deeds available when transferring property from an individual to a husband and wife. These variations include: 1. Tucson Arizona Special Warranty Deed — Individual to Husband and Wife with Rights of Survivorship: This type of deed grants ownership rights to the husband and wife as joint tenants with the right of survivorship. In the event of the death of one spouse, the property automatically transfers to the surviving spouse, bypassing the probate process. 2. Tucson Arizona Special Warranty Deed — Individual to Husband and Wife as Tenants in Common: With this form of deed, both the husband and wife own a specific share of the property, which may not necessarily be equal. In the event of one spouse's death, their share will not automatically transfer to the surviving spouse but will be subject to the deceased spouse's estate planning, will, or probate process. 3. Tucson Arizona Special Warranty Deed — Individual to Husband and Wife with Community Property Rights: In Tucson, Arizona, married couples can choose to hold property as community property. This type of deed specifies that the property acquired during the marriage is owned equally by both spouses. In the event of divorce or death, the property is typically divided equally or as otherwise stated in a prenuptial or postnuptial agreement. It is important to consult with a qualified real estate attorney or legal professional to determine the most suitable type of Special Warranty Deed for individual circumstances, as each variation has its own implications and consequences.