This form is a Warranty Deed where the Grantors are four individuals and the Grantees are husband and wife. Grantors convey and warrant the described property to the Grantees. Grantees take the property as tenants in common; joint tenants with the right of survivorship; community property; or community property with the right of survivorship. This deed complies with all state statutory laws.
A Lima Arizona Warranty Deed — Four Individuals to Husband and Wife is a legal document that transfers property ownership from a group of four individuals to a married couple, ensuring that the property is free from any encumbrances and that the granters have the legal right to transfer the title. This type of warranty deed is commonly used when a property is jointly owned by four individuals who wish to sell it to a married couple. Unlike a general warranty deed, which guarantees the title for the entire history of the property, a Lima Arizona Warranty Deed — Four Individuals to Husband and Wife provides a warranty only for the period of time the property was owned by the four individuals. It means that if any title issues arise before the sale, the granters are responsible for addressing them, but the married couple will receive a guarantee that the title is clear and unencumbered at the time of the transfer. The Lima Arizona Warranty Deed — Four Individuals to Husband and Wife protects the married couple from any potential liens, claims, or disputes that may arise from the previous ownership by the four individuals. It assures the buyers that they are obtaining full ownership of the property without any hidden or unknown complications. In cases where there are different scenarios or variations of this type of warranty deed, they could be named as follows: 1. Lima Arizona Warranty Deed — Four Individuals to Husband and Wife with Right of Survivorship: This type of deed includes a provision allowing the surviving spouse to automatically inherit the deceased spouse's share of the property upon their death, without the need for probate. 2. Lima Arizona Warranty Deed — Four Individuals to Husband and Wife as Tenants in Common: This variation specifies that each party owns an undivided interest in the property, and if one party passes away, their share will be distributed according to their will or state inheritance laws. 3. Lima Arizona Warranty Deed — Four Individuals to Husband and Wife with Limited Warranty: This version of the deed provides a warranty against any claims or defects arising only during the time that the granters held ownership of the property, but does not cover any prior issues. Overall, a Lima Arizona Warranty Deed — Four Individuals to Husband and Wife offers a secure and legal method for transferring property ownership between a group of four individuals and a married couple, ensuring the buyer's confidence in obtaining a clear and marketable title.A Lima Arizona Warranty Deed — Four Individuals to Husband and Wife is a legal document that transfers property ownership from a group of four individuals to a married couple, ensuring that the property is free from any encumbrances and that the granters have the legal right to transfer the title. This type of warranty deed is commonly used when a property is jointly owned by four individuals who wish to sell it to a married couple. Unlike a general warranty deed, which guarantees the title for the entire history of the property, a Lima Arizona Warranty Deed — Four Individuals to Husband and Wife provides a warranty only for the period of time the property was owned by the four individuals. It means that if any title issues arise before the sale, the granters are responsible for addressing them, but the married couple will receive a guarantee that the title is clear and unencumbered at the time of the transfer. The Lima Arizona Warranty Deed — Four Individuals to Husband and Wife protects the married couple from any potential liens, claims, or disputes that may arise from the previous ownership by the four individuals. It assures the buyers that they are obtaining full ownership of the property without any hidden or unknown complications. In cases where there are different scenarios or variations of this type of warranty deed, they could be named as follows: 1. Lima Arizona Warranty Deed — Four Individuals to Husband and Wife with Right of Survivorship: This type of deed includes a provision allowing the surviving spouse to automatically inherit the deceased spouse's share of the property upon their death, without the need for probate. 2. Lima Arizona Warranty Deed — Four Individuals to Husband and Wife as Tenants in Common: This variation specifies that each party owns an undivided interest in the property, and if one party passes away, their share will be distributed according to their will or state inheritance laws. 3. Lima Arizona Warranty Deed — Four Individuals to Husband and Wife with Limited Warranty: This version of the deed provides a warranty against any claims or defects arising only during the time that the granters held ownership of the property, but does not cover any prior issues. Overall, a Lima Arizona Warranty Deed — Four Individuals to Husband and Wife offers a secure and legal method for transferring property ownership between a group of four individuals and a married couple, ensuring the buyer's confidence in obtaining a clear and marketable title.
