This form is a General Warranty Deed where the Grantors are husband and wife, or two individuals, and the Grantee is an individual. Grantors convey and generally warrant the described property to the Grantee. This deed complies with all state statutory laws.
A Lakewood Colorado General Warranty Deed from Two Individuals (Husband and Wife) to an Individual acts as a legally binding document that transfers the ownership of a property from the two individuals (the granters) to a single individual (the grantee). This deed provides a guarantee that the granters hold clear and marketable title to the property, and further assures that they have the legal right to sell the property to the grantee. Unlike a Quitclaim Deed, which only transfers the interest the granters may have in the property, a General Warranty Deed provides more comprehensive protection to the grantee. It assures the grantee that the property is free from any liens, encumbrances, or claims against it, both during the granters' ownership period and prior to their ownership. The granters are legally obligated to defend and compensate the grantee in case any third-party asserts a claim against the property. There may be several types of Lakewood Colorado General Warranty Deed from Two Individuals/Husband and Wife to an Individual, including: 1. Single Family Residence Deed: This type of General Warranty Deed specifically pertains to the transfer of ownership of a single-family home. 2. Condominium Deed: If the property is a condominium unit, this type of General Warranty Deed is used to transfer the ownership rights of the unit to the grantee. 3. Vacant Land Deed: This deed is used when the property being transferred is an undeveloped or vacant land, guaranteeing that the granters have the legal right to sell the land and that it is not subject to any undisclosed claims or liens. 4. Investment Property Deed: When the property being transferred is an investment property, such as a rental property or commercial building, this type of General Warranty Deed is used. It is important to seek legal advice when dealing with any property transfer to ensure that all necessary legal requirements are met, and that both the granters and the grantee understand the implications of the General Warranty Deed.A Lakewood Colorado General Warranty Deed from Two Individuals (Husband and Wife) to an Individual acts as a legally binding document that transfers the ownership of a property from the two individuals (the granters) to a single individual (the grantee). This deed provides a guarantee that the granters hold clear and marketable title to the property, and further assures that they have the legal right to sell the property to the grantee. Unlike a Quitclaim Deed, which only transfers the interest the granters may have in the property, a General Warranty Deed provides more comprehensive protection to the grantee. It assures the grantee that the property is free from any liens, encumbrances, or claims against it, both during the granters' ownership period and prior to their ownership. The granters are legally obligated to defend and compensate the grantee in case any third-party asserts a claim against the property. There may be several types of Lakewood Colorado General Warranty Deed from Two Individuals/Husband and Wife to an Individual, including: 1. Single Family Residence Deed: This type of General Warranty Deed specifically pertains to the transfer of ownership of a single-family home. 2. Condominium Deed: If the property is a condominium unit, this type of General Warranty Deed is used to transfer the ownership rights of the unit to the grantee. 3. Vacant Land Deed: This deed is used when the property being transferred is an undeveloped or vacant land, guaranteeing that the granters have the legal right to sell the land and that it is not subject to any undisclosed claims or liens. 4. Investment Property Deed: When the property being transferred is an investment property, such as a rental property or commercial building, this type of General Warranty Deed is used. It is important to seek legal advice when dealing with any property transfer to ensure that all necessary legal requirements are met, and that both the granters and the grantee understand the implications of the General Warranty Deed.
