This form is a Warranty Deed for a Condominium where the Grantors are three individuals and the Grantees are two Individuals. Grantors convey and warrant the described property to the Grantees. This deed complies with all state statutory laws.
Mesa Arizona Warranty Deed for a Condominium from Three Individuals to Two Individuals is a legal document that transfers ownership of a condominium property from three individuals to two individuals, guaranteeing that the property is free from any claims or encumbrances. This type of deed provides security to the new owners as it assures them that they have valid and clear ownership rights to the condominium unit. There are different types of Mesa Arizona Warranty Deeds for a Condominium from Three Individuals to Two Individuals, depending on the specific circumstances of the transaction. These can include: 1. General Warranty Deed: This type of deed offers the highest level of protection to buyers, as it guarantees that the sellers legally own the property and have the right to transfer ownership. It also assures that there are no hidden claims, debts, or liens on the property. 2. Special Warranty Deed: Unlike the General Warranty Deed, the Special Warranty Deed only guarantees that the sellers haven't incurred any title issues or encumbrances during their period of ownership. It doesn't provide as comprehensive protection as a General Warranty Deed, as it excludes any claims or encumbrances that might have existed prior to the seller's ownership. 3. Quitclaim Deed: This type of deed transfers the ownership rights of the property from the sellers to the buyers without providing any warranties or guarantees. It merely eliminates the seller's interest in the property, leaving the buyers responsible for any potential claims or encumbrances. However, for a Mesa Arizona Warranty Deed for a Condominium from Three Individuals to Two Individuals, it is highly recommended using a General Warranty Deed to ensure maximum protection for the new owners. This type of deed provides comprehensive assurances that the property is free from any defects or claims, both before and during the sellers' ownership. The buyers can have peace of mind knowing that they are receiving a clear and marketable title to their new condominium unit in Mesa, Arizona.
