This form is a Warranty Deed where a husband and wife convert their community property to a joint tenancy holding.
A Chandler Arizona Warranty Deed is a legal document that can be used to convert property held as community property to joint tenancy. This type of deed is commonly used by couples who want to change the way their property is owned to ensure that it passes directly to the surviving owner upon the death of one spouse. To convert community property to joint tenancy in Chandler, Arizona, there are a few different types of Warranty Deeds that can be used. These include: 1. General Warranty Deed: This is the most commonly used type of deed and provides the highest level of protection for the buyer. It guarantees that the property is free from any liens or encumbrances. 2. Special Warranty Deed: This type of deed also offers some level of protection for the buyer but is not as comprehensive as a general warranty deed. It guarantees that the property has not been encumbered during the time the seller owned it, but does not cover any previous encumbrances. 3. Quitclaim Deed: This type of deed does not provide any warranties or guarantees about the property. It simply transfers the interest that the granter has in the property to the grantee. Quitclaim deeds are often used in situations where there is a high level of trust between the parties involved. When using a Chandler Arizona Warranty Deed to convert community property to joint tenancy, it is important to consult with a qualified real estate attorney or title company to ensure that the deed is properly prepared and executed. This will help to avoid any potential issues or complications in the future. In conclusion, a Chandler Arizona Warranty Deed is a valuable tool for couples who want to convert their community property to joint tenancy. Whether using a general warranty deed, a special warranty deed, or a quitclaim deed, it is important to seek professional guidance to ensure that the deed is correctly prepared and executed. By doing so, couples can secure their property rights and provide for the smooth transfer of ownership upon the death of one spouse.
