This form is a Special Warranty Deed where the Grantor is a Trust and the Grantee is an individual. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A Phoenix Arizona Special Warranty Deed from a Trust to an Individual is a legal document used to transfer ownership of real property from a trust to an individual, specifically in the city of Phoenix, Arizona. This type of deed carries a special warranty, meaning that the trust guarantees that it has not caused any defects or encumbrances on the property during the time it owned it, but does not guarantee against any defects or claims that may have existed prior to its ownership. The Phoenix Arizona Special Warranty Deed from a Trust to an Individual serves as proof of the conveyance of real estate and provides details such as the property's legal description, the names and addresses of both the trust and the individual, and the date of transfer. It is signed by the trustee of the trust and notarized to authenticate its validity. In addition to the standard Phoenix Arizona Special Warranty Deed from a Trust to an Individual, there may be different variations of this deed based on specific circumstances or agreements. Some common types include: 1. Joint Trust Special Warranty Deed: This type of deed is used when the property is owned by a joint trust, where multiple individuals hold beneficial interests in the trust. The joint trustees would transfer the property to the individual using this deed. 2. Revocable Trust Special Warranty Deed: In this case, the property is held in a revocable trust, which means the trust can be altered or revoked by the granter at any time. The granter, as the trustee of the revocable trust, transfers the property to the individual using this deed. 3. Irrevocable Trust Special Warranty Deed: Unlike a revocable trust, an irrevocable trust cannot be changed or revoked without the consent of the beneficiaries. The trustee of the irrevocable trust transfers the property to the individual through this deed. Regardless of the specific type, a Phoenix Arizona Special Warranty Deed from a Trust to an Individual provides legal protection and establishes rightful ownership of real property in Phoenix, Arizona.A Phoenix Arizona Special Warranty Deed from a Trust to an Individual is a legal document used to transfer ownership of real property from a trust to an individual, specifically in the city of Phoenix, Arizona. This type of deed carries a special warranty, meaning that the trust guarantees that it has not caused any defects or encumbrances on the property during the time it owned it, but does not guarantee against any defects or claims that may have existed prior to its ownership. The Phoenix Arizona Special Warranty Deed from a Trust to an Individual serves as proof of the conveyance of real estate and provides details such as the property's legal description, the names and addresses of both the trust and the individual, and the date of transfer. It is signed by the trustee of the trust and notarized to authenticate its validity. In addition to the standard Phoenix Arizona Special Warranty Deed from a Trust to an Individual, there may be different variations of this deed based on specific circumstances or agreements. Some common types include: 1. Joint Trust Special Warranty Deed: This type of deed is used when the property is owned by a joint trust, where multiple individuals hold beneficial interests in the trust. The joint trustees would transfer the property to the individual using this deed. 2. Revocable Trust Special Warranty Deed: In this case, the property is held in a revocable trust, which means the trust can be altered or revoked by the granter at any time. The granter, as the trustee of the revocable trust, transfers the property to the individual using this deed. 3. Irrevocable Trust Special Warranty Deed: Unlike a revocable trust, an irrevocable trust cannot be changed or revoked without the consent of the beneficiaries. The trustee of the irrevocable trust transfers the property to the individual through this deed. Regardless of the specific type, a Phoenix Arizona Special Warranty Deed from a Trust to an Individual provides legal protection and establishes rightful ownership of real property in Phoenix, Arizona.
