This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is an Individual. Grantor grants and coveys the described property to Grantee. Grantor warrants and will defend the property against only those claiming by, through or under Grantor and not otherwise. This deed complies with all state statutory laws.
A Chandler Arizona special warranty deed from an individual to an individual refers to a legal document that transfers property ownership from one individual to another in Chandler, Arizona, with certain guarantees and limitations provided by the seller. This type of deed ensures that the seller will defend the title against any claims arising during their ownership but does not provide guarantees for any issues that may have existed prior to their ownership. The Chandler Arizona special warranty deed is a crucial legal instrument used in real estate transactions to establish clear ownership rights and protect both parties involved. This type of deed provides a degree of assurance to the buyer while limiting the liability of the seller to title defects or encumbrances that may have come into existence while they held the property. The special warranty deed typically includes essential information such as the names and addresses of the granter (seller) and grantee (buyer), a legal description of the property being transferred, and various covenants and provisions outlining the rights and responsibilities of both parties. It also states that the granter has the legal right to sell the property without any encumbrances, except those explicitly stated in the deed. It's important to note that while there may not be different types of special warranty deeds specific to Chandler, Arizona, there can be variations in the terms and conditions included in individual deeds based on the negotiations between the parties involved. These variations may stem from factors such as the condition of the property, any existing liens or encumbrances, or the preferences of the parties involved. In conclusion, a Chandler Arizona special warranty deed from an individual to an individual is a legally binding document that facilitates the transfer of property ownership. It offers certain protections to the buyer while limiting the seller's liability for certain title defects or encumbrances. It is essential for both parties to carefully review and understand the terms and conditions of the deed to ensure a smooth and secure property transfer.
