Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale - Warranty Joint Tenancy

State:
Arizona
County:
Maricopa
Control #:
AZ-REAL-24
Format:
Word; 
Rich Text
Instant download

Description

This deed, or deed-related form, is for use in property transactions in the designated state. This document, a sample Deed and Assignment of Interest in Reality Agreement for Sale; Warranty Joint Tenancy - Arizona, can be used in the transfer process or related task. Adapt the language to fit your circumstances. Available for download now in standard format(s).


The Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy is a legal document that outlines the details and terms of a real estate transaction involving the transfer of ownership and interest in a property located in Maricopa, Arizona. This agreement is specifically designed for transactions where joint tenancy and warranty are involved. Key features of the Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy include: 1. Property Details: This agreement begins by providing a detailed description of the property being sold, including the address, legal description, and any other relevant physical or legal attributes. 2. Buyers and Sellers: The agreement identifies the parties involved in the transaction, including the buyer(s) and seller(s) along with their contact information and legal representation, if applicable. 3. Purchase Price and Payment Terms: This section outlines the agreed-upon purchase price for the property, the method of payment, and any specific terms or conditions related to the payment, such as down payment, escrow, or installment payments. 4. Title and Warranty: The agreement specifies that the seller warrants and guarantees that they have clear and marketable title to the property, free from any liens, encumbrances, or legal disputes. It also outlines the process for the transfer of title and the responsibilities of the seller to provide necessary documentation. 5. Joint Tenancy: This agreement specifically incorporates joint tenancy, which means that the property is owned jointly by two or more parties with equal ownership shares. This ensures that upon the death of one joint tenant, the ownership automatically transfers to the surviving joint tenants without going through probate. 6. Closing and Possession: The document outlines the timeline and location for the closing of the transaction, as well as the transfer of possession of the property from the seller to the buyer. 7. Governing Law: This agreement specifies that the laws of the state of Arizona will govern any disputes or legal proceedings related to the transaction. Different types of Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy can include variations based on the specific circumstances and additional clauses or provisions required by the parties involved. Some possible variations may include: 1. Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy with Contingencies: This type of agreement includes contingencies, allowing the buyer to back out of the transaction if certain conditions are not met, such as financing approval or satisfactory property inspections. 2. Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy with Seller Financing: In this scenario, the seller provides financing to the buyer and creates a contract for deed or a mortgage agreement rather than the buyer securing financing from a traditional lender. 3. Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy with Additional Clauses: This type of agreement includes additional clauses or provisions that are specific to the needs or concerns of the parties involved, such as special arrangements for repairs, closing costs, or use restrictions.

The Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy is a legal document that outlines the details and terms of a real estate transaction involving the transfer of ownership and interest in a property located in Maricopa, Arizona. This agreement is specifically designed for transactions where joint tenancy and warranty are involved. Key features of the Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy include: 1. Property Details: This agreement begins by providing a detailed description of the property being sold, including the address, legal description, and any other relevant physical or legal attributes. 2. Buyers and Sellers: The agreement identifies the parties involved in the transaction, including the buyer(s) and seller(s) along with their contact information and legal representation, if applicable. 3. Purchase Price and Payment Terms: This section outlines the agreed-upon purchase price for the property, the method of payment, and any specific terms or conditions related to the payment, such as down payment, escrow, or installment payments. 4. Title and Warranty: The agreement specifies that the seller warrants and guarantees that they have clear and marketable title to the property, free from any liens, encumbrances, or legal disputes. It also outlines the process for the transfer of title and the responsibilities of the seller to provide necessary documentation. 5. Joint Tenancy: This agreement specifically incorporates joint tenancy, which means that the property is owned jointly by two or more parties with equal ownership shares. This ensures that upon the death of one joint tenant, the ownership automatically transfers to the surviving joint tenants without going through probate. 6. Closing and Possession: The document outlines the timeline and location for the closing of the transaction, as well as the transfer of possession of the property from the seller to the buyer. 7. Governing Law: This agreement specifies that the laws of the state of Arizona will govern any disputes or legal proceedings related to the transaction. Different types of Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy can include variations based on the specific circumstances and additional clauses or provisions required by the parties involved. Some possible variations may include: 1. Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy with Contingencies: This type of agreement includes contingencies, allowing the buyer to back out of the transaction if certain conditions are not met, such as financing approval or satisfactory property inspections. 2. Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy with Seller Financing: In this scenario, the seller provides financing to the buyer and creates a contract for deed or a mortgage agreement rather than the buyer securing financing from a traditional lender. 3. Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale — Warranty Joint Tenancy with Additional Clauses: This type of agreement includes additional clauses or provisions that are specific to the needs or concerns of the parties involved, such as special arrangements for repairs, closing costs, or use restrictions.

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FAQ

Arizona Law on Real Property Deed Conveyance All transfers of property in Arizona must be in writing. The deed must be signed by the grantor and notarized by an authority granted those duties in the state.

§ 33-412. B. Such unrecorded instruments, as between the parties and their heirs, and as to all subsequent purchasers with notice thereof, or without valuable consideration, shall be valid and binding.

The Arizona warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.

If Your Deed Is Not Recorded, the Property Could Be Sold Out From Under You (and Other Scary Scenarios) In practical terms, failure to have your property deed recorded would mean that, if you ever wanted to sell, refinance your mortgage, or execute a home equity line of credit, you could not do so.

A: Anywhere between 14 to 90 days after closing. A properly recorded deed can take anywhere from 14 days to 90 days. That may seem like a long time, but your local government office goes over every little detail on the deed to make sure the property is correct and there are no errors.

By Practical Law Real Estate. A deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.

How to obtain a copy. Homeowners can request copies of their property records from the Recorder's Office by calling 602-506-3535 or visiting recorder.maricopa.gov.

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.

To be valid, a Deed must be executed according to the Arizona Revised Statutes Title 33. The Deed must be in writing, must be signed by the Grantor, and must then be recorded at the County Recorder's office where the property is located.

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An Affidavit of Property Value is required for all title transfers and recorded contract of sales unless one of the following conditions is met. 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. When buying and selling Arizona property, you will encounter several legal documents.? (Real Estate Asset Manager). 7447 East Indian School Road, Suite 205. For the consideration of Ten-Dollars, and other valuable considerations, I or we,. All forms and notices for the probate process in Maricopa County are. Arizona Beneficiary Deeds Arizona Real Estate Law.

4th ed. Tucson, AZ. 85701.

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Maricopa Arizona Deed and Assignment of Interest in Realty Agreement for Sale - Warranty Joint Tenancy