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 Surprise Arizona Warranty Deed — Four Individuals to Husband and Wife is a legal document that transfers ownership of a property from four individuals to a married couple, providing assurance of a clear and marketable title. This type of deed ensures the property is free from any encumbrances or claims, guaranteeing the buyers that they will have full ownership rights. The Surprise Arizona Warranty Deed — Four Individuals to Husband and Wife serves as a legally binding contract between the granters (the four individuals) and the grantees (the husband and wife). It outlines the specifics of the transaction, including the names of all parties involved, the property's legal description, the purchase price, and any additional terms and conditions agreed upon. To ensure the validity and legality of the transfer, the warranty deed must meet certain requirements, such as proper execution, notarization, and recording with the county recorder's office. By recording the deed, it becomes part of the public record, providing evidence of the couple's ownership and protecting their interests. Different types of Surprise Arizona Warranty Deed — Four Individuals to Husband and Wife include: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the buyers. It guarantees that the title is clear from any defects or claims, even if they arose before the granters acquired the property. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only provides assurances against defects or claims that occurred during the granters' ownership period. It does not cover any previous issues that may have existed before the granters acquired the property. 3. Quitclaim Deed: A quitclaim deed is a non-warranty deed that transfers whatever interest or claim the granters have on the property to the grantees. This type of deed does not provide any guarantees or warranties regarding the property's title. It is often used in less formal transactions, such as transfers between family members or in cases where the granters are unsure of the property's ownership history. In conclusion, a Surprise Arizona Warranty Deed — Four Individuals to Husband and Wife is a legally binding document that facilitates the transfer of property ownership from four individuals to a married couple. It ensures that the buyers receive a clear and marketable title free from any encumbrances or claims. By understanding the different types of warranty deeds available, buyers can choose the appropriate deed that best fits their needs and desired level of protection.
