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 Long Beach California Special Warranty Deed from Individual to Individual is a legal document that facilitates the transfer of real estate ownership rights from one individual (the granter) to another individual (the grantee) in Long Beach, California. This type of deed provides specific assurances by the granter to the grantee regarding the property's title, protecting against any defects or claims that may have arisen during the granter's ownership. Unlike a general warranty deed, which offers broad warranties covering the property's entire history, a special warranty deed in Long Beach California only guarantees against defects or claims that occurred during the granter's ownership. It does not provide protection against any issues that existed before the granter's ownership. This distinction is important to note for those involved in real estate transactions within Long Beach. There are two primary types of Long Beach California Special Warranty Deed from Individual to Individual: 1. Long Beach California Special Warranty Deed with Consideration: This type of special warranty deed is commonly used when there is a monetary consideration involved in the transaction. It outlines the details of the financial arrangement between the granter and the grantee, such as the purchase price or any other agreed-upon considerations. 2. Long Beach California Special Warranty Deed without Consideration: In cases where the real estate transfer is a gift, inheritance, or other non-monetary transaction, this type of special warranty deed is utilized. It denotes that the transfer is occurring without any financial compensation involved and may require additional supporting documentation based on the specific circumstances of the transfer. Overall, a Long Beach California Special Warranty Deed from Individual to Individual safeguards the grantee's interests against any defects that may arise during the granter's ownership of the property. It is crucial to consult with a qualified real estate attorney or professional to draft and execute this legal document accurately to ensure a smooth and legally binding transfer of property rights.A Long Beach California Special Warranty Deed from Individual to Individual is a legal document that facilitates the transfer of real estate ownership rights from one individual (the granter) to another individual (the grantee) in Long Beach, California. This type of deed provides specific assurances by the granter to the grantee regarding the property's title, protecting against any defects or claims that may have arisen during the granter's ownership. Unlike a general warranty deed, which offers broad warranties covering the property's entire history, a special warranty deed in Long Beach California only guarantees against defects or claims that occurred during the granter's ownership. It does not provide protection against any issues that existed before the granter's ownership. This distinction is important to note for those involved in real estate transactions within Long Beach. There are two primary types of Long Beach California Special Warranty Deed from Individual to Individual: 1. Long Beach California Special Warranty Deed with Consideration: This type of special warranty deed is commonly used when there is a monetary consideration involved in the transaction. It outlines the details of the financial arrangement between the granter and the grantee, such as the purchase price or any other agreed-upon considerations. 2. Long Beach California Special Warranty Deed without Consideration: In cases where the real estate transfer is a gift, inheritance, or other non-monetary transaction, this type of special warranty deed is utilized. It denotes that the transfer is occurring without any financial compensation involved and may require additional supporting documentation based on the specific circumstances of the transfer. Overall, a Long Beach California Special Warranty Deed from Individual to Individual safeguards the grantee's interests against any defects that may arise during the granter's ownership of the property. It is crucial to consult with a qualified real estate attorney or professional to draft and execute this legal document accurately to ensure a smooth and legally binding transfer of property rights.
