This form is a Special Warranty Deed where the grantors are two individuals and the grantees are husband and wife. Grantors convey and specially warrant the described property to the grantees. The grantors only warrant and will defend the property only as to claims of persons claiming by, through or under grantors, but not otherwise. The grantees take the property as community property with the right of survivorship, community property, tenants in common or as joint tenants with the right of survivorship. This deed complies with all state statutory laws.
A special warranty deed in El Monte, California is a legal document that transfers property ownership from two individuals to a married couple. It provides specific protections and guarantees regarding the property title to the new owners. The deed contains certain keywords such as El Monte, California, special warranty deed, two individuals, husband, wife, property ownership, and legal document. There are two main types of El Monte, California special warranty deeds that can be used to transfer property ownership from two individuals to a husband and wife. These are: 1. El Monte California Special Warranty Deed — Two Individuals to Husband and Wife with Survivorship Rights: This type of special warranty deed ensures that if one spouse passes away, the surviving spouse automatically becomes the sole owner of the property. It allows for a smooth transfer of ownership upon death without the need for probate. 2. El Monte California Special Warranty Deed — Two Individuals to Husband and Wife as Tenants in Common: In this type of special warranty deed, the property is owned jointly by the husband and wife, but each spouse has a separate and distinct ownership interest. If one spouse passes away, their ownership interest will pass according to their will or state intestacy laws. Both types of special warranty deeds provide certain assurances to the husband and wife, such as the granter (the individuals transferring the property) warranting that they have not encumbered the property with any undisclosed liens or encumbrances, except as specifically stated in the deed. The granter also guarantees that they will defend the title against any defects or claims arising during their ownership period. It is crucial to consult with a qualified real estate attorney or a title company when dealing with special warranty deeds to ensure the transfer of property ownership is legally sound and accurately reflects the intent of all parties involved.A special warranty deed in El Monte, California is a legal document that transfers property ownership from two individuals to a married couple. It provides specific protections and guarantees regarding the property title to the new owners. The deed contains certain keywords such as El Monte, California, special warranty deed, two individuals, husband, wife, property ownership, and legal document. There are two main types of El Monte, California special warranty deeds that can be used to transfer property ownership from two individuals to a husband and wife. These are: 1. El Monte California Special Warranty Deed — Two Individuals to Husband and Wife with Survivorship Rights: This type of special warranty deed ensures that if one spouse passes away, the surviving spouse automatically becomes the sole owner of the property. It allows for a smooth transfer of ownership upon death without the need for probate. 2. El Monte California Special Warranty Deed — Two Individuals to Husband and Wife as Tenants in Common: In this type of special warranty deed, the property is owned jointly by the husband and wife, but each spouse has a separate and distinct ownership interest. If one spouse passes away, their ownership interest will pass according to their will or state intestacy laws. Both types of special warranty deeds provide certain assurances to the husband and wife, such as the granter (the individuals transferring the property) warranting that they have not encumbered the property with any undisclosed liens or encumbrances, except as specifically stated in the deed. The granter also guarantees that they will defend the title against any defects or claims arising during their ownership period. It is crucial to consult with a qualified real estate attorney or a title company when dealing with special warranty deeds to ensure the transfer of property ownership is legally sound and accurately reflects the intent of all parties involved.