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.
Inglewood California Special Warranty Deed from Individual to Individual is a legal document used in real estate transactions to transfer the ownership of a property from one individual to another, specifically in the city of Inglewood, California. This type of deed provides certain guarantees and protections to the buyer, known as the grantee, regarding the title of the property. The Inglewood California Special Warranty Deed from Individual to Individual explicitly states that the granter, the current owner, has the legal right to sell and transfer the property to the grantee. However, unlike a general warranty deed, which provides broad assurances of a clean title, a special warranty deed only promises that the granter has not caused any defects in the title during their ownership tenure. By executing this deed, the granter agrees to defend the title against any claims or actions that may arise during their ownership period. This means that if any legal issues arise due to the granter's actions or negligence, they will step in to resolve them. However, the granter does not warrant against any defects or claims that existed before they acquired the property. It is important to note that there may be different variations or types of Inglewood California Special Warranty Deeds from Individual to Individual. Some common types include: 1. Inglewood California Special Warranty Deed with Money Consideration: This type of special warranty deed includes a financial transaction where the grantee pays the granter a specific amount of money for the property. 2. Inglewood California Special Warranty Deed without Money Consideration: This type of special warranty deed is used when the property is being transferred as a gift or without any monetary exchange. 3. Inglewood California Special Warranty Deed with Co-Ownership: In this case, the property is being transferred from one individual to another, and both parties will be listed as owners on the deed. This type of deed is often used when couples or business partners want to establish joint ownership of a property. In conclusion, an Inglewood California Special Warranty Deed from Individual to Individual is a legal instrument that facilitates the transfer of property ownership in Inglewood, California. This document provides a level of protection to the grantee by guaranteeing that the granter has not caused any title issues during their ownership period. Different variations of this deed may exist, depending on the specific circumstances of the transaction.
