This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A Costa Mesa California Special Warranty Deed from Individual to Individual is a legal document that allows the transfer of ownership of real estate property from one individual to another in Costa Mesa, California. This type of deed provides the buyer with limited protection against any defects that may have occurred during the previous owner's tenure. In a Special Warranty Deed, the seller (granter) warrants that they have the legal authority to transfer the property and guarantees that they have not incurred any encumbrances or defects in title except those explicitly disclosed. This means that the seller only guarantees to defend the title against claims arising during their ownership period and not prior to it. The Costa Mesa California Special Warranty Deed from Individual to Individual ensures a smooth transfer of ownership while minimizing the potential risks for the buyer. This type of deed is commonly used in real estate transactions within the Costa Mesa region. Different variations or subtypes of Special Warranty Deeds may include: 1. Costa Mesa California Joint Tenancy Special Warranty Deed from Individual to Individual: This version applies when the property is jointly owned by multiple individuals, and they want to transfer their interest to another individual. 2. Costa Mesa California Tenants in Common Special Warranty Deed from Individual to Individual: This type of deed is utilized when the owners hold equal or unequal shares of the property. It allows for the transfer of specific ownership interests between individuals. 3. Costa Mesa California Life Estate Special Warranty Deed from Individual to Individual: In this scenario, the granter transfers the property to the grantee for their lifetime use, while retaining the right to live on the property until their death. Upon the granter's demise, the property transfers fully to the grantee. It is important to consult with a qualified attorney or real estate professional to ensure that the specific requirements and legalities associated with the Costa Mesa California Special Warranty Deed from Individual to Individual are properly followed.
