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 Visalia California Special Warranty Deed from Individual to Individual is a legal document used in property transactions, specifically for the transfer of real estate between individuals within Visalia, California. This deed provides certain assurances and protections to the buyer while limiting the warranties provided by the seller. Unlike a general warranty deed, a special warranty deed guarantees the buyer that the seller has not caused any defect in the property's title during their ownership. However, it does not provide the same level of assurance as a general warranty deed, which warrants against any defects in the title, even those existing before the seller's ownership. The Visalia California Special Warranty Deed from Individual to Individual contains several key provisions. Firstly, it identifies the parties involved, stating the full legal names and addresses of both the granter (seller) and the grantee (buyer). The deed also includes a thorough description of the property being transferred, ensuring precision and accuracy. Furthermore, this special warranty deed highlights any specific limitations or exclusions that may exist, addressing any known defects or encumbrances on the property. It clarifies that the seller is only responsible for any issues that may have occurred during their ownership period and not prior to it. When it comes to different types of Visalia California Special Warranty Deed from Individual to Individual, there are variations based on specific scenarios. For instance, a Visalia California Special Warranty Deed with Survivorship Rights is used when the property is jointly owned by two or more individuals who wish to prevent outside claims on the property after one of the co-owners passes away. Another type is the Visalia California Special Warranty Deed with Reservation of Oil, Gas, and Minerals. This deed allows the seller to retain ownership of any oil, gas, or mineral rights present on the property being transferred, thereby separating these rights from the actual land ownership. It is crucial for both buyers and sellers to consult with a qualified real estate attorney or professional to draft and review the Visalia California Special Warranty Deed from Individual to Individual. This ensures that all legal requirements are met, protecting the interests of both parties involved. In conclusion, a Visalia California Special Warranty Deed from Individual to Individual is a legally binding document that facilitates the transfer of real estate within Visalia, California. It limits the warranties provided by the seller and assures the buyer that the seller has not caused any title defects during their ownership. Different types of special warranty deeds exist, such as those with survivorship rights or reservations of oil, gas, and minerals. Consulting a legal expert is advised to ensure the deed accurately reflects the intentions and protects the rights of both parties involved.
