This form is a Fiduciary Deed where the grantor may be an executor of a will, trustee, guardian, or conservator.
A Fullerton, California Warranty Deed for Fiduciary is a legal document that transfers ownership of property from a fiduciary to a grantee, ensuring that the property is free from any encumbrances or claims. This type of deed grants the grantee the assurance that the property's title is clear, and the fiduciary guarantees to defend or compensate for any future claims that might arise. In Fullerton, California, there are two main types of Warranty Deeds for Fiduciaries: 1. General Warranty Deed for Fiduciary: A General Warranty Deed guarantees that the fiduciary has legally acquired the property and has the authority to transfer it to the grantee. It provides the highest level of protection to the grantee, as the fiduciary promises to defend the title against any claims made by others. 2. Special Warranty Deed for Fiduciary: A Special Warranty Deed differs from the General Warranty Deed in that it only guarantees against claims that may have occurred during the fiduciary's ownership. This means that the fiduciary is held responsible for defending the title against claims arising solely during their tenure, and not prior to their ownership. It is important to note that a fiduciary can be an individual, such as an executor of a deceased person's estate or a trustee of a trust, or an entity, such as a bank or a corporation appointed to manage property on behalf of others. The use of a Warranty Deed for Fiduciary ensures that the fiduciary is conveying a clear and unencumbered title to the grantee, providing legal protection and peace of mind to all parties involved in the property transfer. Keywords: Fullerton, California Warranty Deed for Fiduciary, property ownership, legal document, transfer of ownership, encumbrances, claims, title, fiduciary, grantee, assurance, clear title, defend, compensation, General Warranty Deed, Special Warranty Deed, the highest level of protection, claims defense, fiduciary's tenure, executor, trustee, bank, corporation, property transfer, peace of mind.A Fullerton, California Warranty Deed for Fiduciary is a legal document that transfers ownership of property from a fiduciary to a grantee, ensuring that the property is free from any encumbrances or claims. This type of deed grants the grantee the assurance that the property's title is clear, and the fiduciary guarantees to defend or compensate for any future claims that might arise. In Fullerton, California, there are two main types of Warranty Deeds for Fiduciaries: 1. General Warranty Deed for Fiduciary: A General Warranty Deed guarantees that the fiduciary has legally acquired the property and has the authority to transfer it to the grantee. It provides the highest level of protection to the grantee, as the fiduciary promises to defend the title against any claims made by others. 2. Special Warranty Deed for Fiduciary: A Special Warranty Deed differs from the General Warranty Deed in that it only guarantees against claims that may have occurred during the fiduciary's ownership. This means that the fiduciary is held responsible for defending the title against claims arising solely during their tenure, and not prior to their ownership. It is important to note that a fiduciary can be an individual, such as an executor of a deceased person's estate or a trustee of a trust, or an entity, such as a bank or a corporation appointed to manage property on behalf of others. The use of a Warranty Deed for Fiduciary ensures that the fiduciary is conveying a clear and unencumbered title to the grantee, providing legal protection and peace of mind to all parties involved in the property transfer. Keywords: Fullerton, California Warranty Deed for Fiduciary, property ownership, legal document, transfer of ownership, encumbrances, claims, title, fiduciary, grantee, assurance, clear title, defend, compensation, General Warranty Deed, Special Warranty Deed, the highest level of protection, claims defense, fiduciary's tenure, executor, trustee, bank, corporation, property transfer, peace of mind.
