This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A Daly City California Grant Deed from Individual to Individual is a legal document used to transfer ownership of real property in Daly City, California, between two individual parties. It is an essential part of the real estate transaction process and ensures the transfer of clear and marketable title from the granter (the current owner) to the grantee (the new owner). The Daly City California Grant Deed from Individual to Individual includes specific information such as the names and addresses of the granter and grantee, a detailed legal description of the property being transferred, and a statement of consideration, which is the amount paid for the property or any other form of valuable consideration exchanged for the transfer. This type of grant deed assures the grantee that the granter holds complete ownership rights to the property and has the legal authority to transfer the title. It further guarantees that the property is free from any encumbrances, liens, or claims unless otherwise stated in the deed. In Daly City, there may be different variations or types of Grant Deeds from Individual to Individual. Some such types include: 1. General Warranty Deed: This type of grant deed provides the highest level of protection to the grantee as it includes a warranty against any title defects that may have occurred before or during the granter's ownership. The granter ensures that they will defend the title and compensate the grantee for any losses if a defect arises. 2. Special Warranty Deed: This grant deed variant offers a limited warranty to the grantee. The granter guarantees that they have not created any title defects but does not defend against defects arising from actions before their ownership. 3. Quitclaim Deed: A quitclaim deed is commonly used when there is uncertainty about the ownership status of a property. It transfers whatever interest the granter has in the property without any warranties or guarantees. It is often utilized in situations like family transfers or divorces where the granter may not be guaranteeing the clear title. Furthermore, it is crucial to consult legal professionals or specialized title companies when dealing with Daly City California Grant Deeds from Individual to Individual. They can provide assistance in preparing and executing the grant deed correctly to ensure a smooth transfer of ownership and protect the rights of both parties involved in the transaction.
