Maricopa Arizona Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust

State:
Arizona
County:
Maricopa
Control #:
AZ-059-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Special Warranty Deed where the Grantors are husband and wife, or two individuals, and the Grantee is a trust. Grantors convey and specially warrant the described property to the Grantee. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.

A Maricopa Arizona Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust is a legal document that allows married couples or two individuals to transfer ownership of real estate to a trust with certain limited warranties. In Maricopa, Arizona, there are two types of Special Warranty Deeds that can be used by a couple or two individuals to transfer property ownership to a trust: 1. Maricopa Arizona Special Warranty Deed from Husband and Wife to a Trust: This type of deed is used when a married couple, as joint owners, want to transfer their property to a trust. It provides limited warranties to the trust, ensuring that the couple guarantees the title only against any claims during their period of ownership. 2. Maricopa Arizona Special Warranty Deed from Two Individuals to a Trust: This deed is utilized when two individuals, who may or may not be married, jointly own a property and wish to transfer it to a trust. The deed offers limited warranties to the trust, protecting the title against any claims, demands, or actions arising during their period of ownership. In both scenarios, the aim of the Maricopa Arizona Special Warranty Deed is to transfer ownership while providing some level of protection to the trust against potential defects in the title. While these deeds offer limited warranties, they do not fully guarantee the title against any claims that may have arisen before the individuals or the married couple purchased the property. When preparing and executing a Maricopa Arizona Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust, it is important to involve a qualified real estate attorney to ensure the validity and accuracy of the document. The attorney will guide the parties through the necessary legal steps to complete the transfer smoothly and legally while safeguarding the interests of both the individuals or couple and the trust.

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FAQ

Obtain the Correct Deed Transfer Document. Obtain the correct deed transfer document.Enter Full Legal Names of All Parties.Fill Out the Costs.Enter the Legal Description.Sign in Front of Appropriate Witnesses.Obtain an Affidavit of Property Value.Record the Document at the Recorder's Office.

Arizona real estate is transferred using a legal document called a deed....The process involves four general steps: Locate the Prior Deed to the Property.Get a New Deed to the Property.Sign and Notarize the New Deed.Record the New Deed in the Land Records.

Arizona real estate is transferred using a legal document called a deed....The process involves four general steps: Locate the Prior Deed to the Property.Get a New Deed to the Property.Sign and Notarize the New Deed.Record the New Deed in the Land Records.

You may now send the following documents to the Registry of Deeds: Birth Certificate. Certificate of No Marriage. Certified True Copy of the Original Land Title. Clearances from the Home Owners Association, if applicable. Copies of IDs of all signatories. Deed of Absolute Sale. Deed of Conveyance. Latest Tax Declaration.

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

The Arizona beneficiary deed form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.

Yes you can. This is called a transfer of equity but you will need the permission of your lender.

The Arizona special warranty deed form provides a limited warranty of title. With a special warranty deed, the person transferring the property guarantees that he or she has done nothing that would cause title problems, but makes no guarantees about what might have happened before he or she acquired the property.

Things You Should Know Go to the county recorder's office and get a quitclaim form. Fill out the form and sign it before a notary to make the transfer legal. Go back to your county recorder's office to get the deed recorded so it becomes part of the official property record.

A quitclaim deed is used to transfer a property owner's interest in the property to another person without any warranties or guarantees as to the condition of the property.

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Quit claim deeds convey a grantor's complete interest or claim in certain real property but that neither warrants nor professes that the title is valid. •. Arizona deed forms include quitclaim deed, special warranty deed, warranty deed, beneficiary deed, and life estate deed.Get a deed in minutes. To complete a quitclaim deed to add spouse to house title, you'll need to: Enter your name in the "prepared by" space. 1. A deed that represents the payment in full or forfeiture of a recorded contract for the sale of real property. 2. Parties need not be married; may be more than two tenants in common. Each spouse holds an undivided one-half interest in the estate. For many Arizona homeowners, a beneficiary deed might be all they need. And two legal options a spouse has to potentially recover up to half of the value of the house. Community Property vs.

Married Separate Property. Arizona common law governs whether a marriage can end an unmarried marriage by creating separate property without divorce. Under Arizona law, most community property is property acquired before or during the marriage. If spouses acquired the properties in co-ownership, or under equitable distribution before or during marriage, they are considered the true owners, and may have rights to separate the property by contract. Property acquired in common between a cohabitation couple before or during a marriage is generally referred to as married separate property. When the surviving spouse passes the property on to the non surviving spouse, or when a deceased spouse leaves the property to the children, the property's status may differ based on whether the property is “community property” under Arizona law or “married separate”. “Community” property generally includes income and other property shared by the married couple during the marriage.

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Maricopa Arizona Special Warranty Deed from Two Individuals, or Husband and Wife, to a Trust