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.
Daly City California Special Warranty Deed from Individual to Individual is a legal document that outlines the transfer of property ownership from one individual to another in Daly City, California. This type of deed provides special warranty protection to the buyer against any defects or claims arising during the seller's ownership period, but not beyond that timeframe. A Daly City California Special Warranty Deed from Individual to Individual is crucial in ensuring a smooth and secure transfer of property rights. It guarantees that the seller, or granter, has the legal authority to sell the property and that it is free from any encumbrances, except those explicitly mentioned in the deed. The special warranty protection provided by this type of deed means that the granter guarantees clear title to the property during their ownership period. However, it does not protect the buyer against any defects or claims that existed before their ownership. There are several variations of the Daly City California Special Warranty Deed from Individual to Individual, depending on the specific circumstances of the transfer of property. These may include: 1. Daly City California Special Warranty Deed with Joint Tenancy Rights: This type of deed is used when the property is being transferred to multiple individuals who will co-own the property with equal rights of survivorship. 2. Daly City California Special Warranty Deed with Tenants in Common: In this case, the property is being transferred to multiple individuals with each having a specific ownership percentage. Unlike joint tenancy, there is no right of survivorship. 3. Daly City California Special Warranty Deed with Life Estate: This deed is utilized when the property owner wants to transfer ownership rights to an individual while retaining the right to live on the property until their death. The person receiving ownership is known as the remainder man. 4. Daly City California Special Warranty Deed with Quitclaim Covenants: This variation of the special warranty deed includes additional covenants relating to ownership rights and can provide extra protection to the buyer, making it more advantageous than a standard special warranty deed. In all cases, when engaging in a property transfer using a Daly City California Special Warranty Deed from Individual to Individual, it is recommended to consult with a real estate attorney or legal professional to ensure the process is executed accurately and in compliance with local laws and regulations.Daly City California Special Warranty Deed from Individual to Individual is a legal document that outlines the transfer of property ownership from one individual to another in Daly City, California. This type of deed provides special warranty protection to the buyer against any defects or claims arising during the seller's ownership period, but not beyond that timeframe. A Daly City California Special Warranty Deed from Individual to Individual is crucial in ensuring a smooth and secure transfer of property rights. It guarantees that the seller, or granter, has the legal authority to sell the property and that it is free from any encumbrances, except those explicitly mentioned in the deed. The special warranty protection provided by this type of deed means that the granter guarantees clear title to the property during their ownership period. However, it does not protect the buyer against any defects or claims that existed before their ownership. There are several variations of the Daly City California Special Warranty Deed from Individual to Individual, depending on the specific circumstances of the transfer of property. These may include: 1. Daly City California Special Warranty Deed with Joint Tenancy Rights: This type of deed is used when the property is being transferred to multiple individuals who will co-own the property with equal rights of survivorship. 2. Daly City California Special Warranty Deed with Tenants in Common: In this case, the property is being transferred to multiple individuals with each having a specific ownership percentage. Unlike joint tenancy, there is no right of survivorship. 3. Daly City California Special Warranty Deed with Life Estate: This deed is utilized when the property owner wants to transfer ownership rights to an individual while retaining the right to live on the property until their death. The person receiving ownership is known as the remainder man. 4. Daly City California Special Warranty Deed with Quitclaim Covenants: This variation of the special warranty deed includes additional covenants relating to ownership rights and can provide extra protection to the buyer, making it more advantageous than a standard special warranty deed. In all cases, when engaging in a property transfer using a Daly City California Special Warranty Deed from Individual to Individual, it is recommended to consult with a real estate attorney or legal professional to ensure the process is executed accurately and in compliance with local laws and regulations.