This form is a Special Warranty Deed where the Grantors are two Individuals / Husband and Wife and the Grantee is an Individual. Grantors convey and specially warrant the described property to the Grantee. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.
A Westminster Colorado Special Warranty Deed from Two Individuals / Husband and Wife to an Individual is a legal document that transfers ownership of a property from a married couple (the granters) to an individual (the grantee). This type of deed offers limited guarantees from the granters, protecting against any defects or claims that may arise during their ownership of the property. The deed ensures that the granters have the legal right to transfer the property and guarantees the absence of any encumbrances, except those specifically stated in the deed. There are different variations of the Westminster Colorado Special Warranty Deed from Two Individuals / Husband and Wife to an Individual, each serving specific purposes. Some commonly known types include: 1. Westminster Colorado Special Warranty Deed with Survivorship: This variation of the special warranty deed includes a survivorship agreement, stating that in the event of one spouse’s death, the property automatically passes to the surviving spouse without the need for probate. 2. Westminster Colorado Special Warranty Deed with Life Estate: This type of special warranty deed includes a life estate provision, allowing one spouse to retain the right to live on the property until their death, after which ownership transfers to the grantee. 3. Westminster Colorado Special Warranty Deed without Partition: This form of special warranty deed restricts the grantee from dividing or partitioning the property without the consent of both spouses. This provision aims to ensure that the property remains intact as a single entity. 4. Westminster Colorado Special Warranty Deed with Mineral Rights Reservation: This variation of the special warranty deed grants ownership of the property to the grantee but reserves mineral rights to the granters. This means that the granters retain the rights to extract and profit from any mineral resources found on the property. It is crucial for both the granters and the grantee to fully understand the terms stated in the Westminster Colorado Special Warranty Deed. Legal advice should be sought to ensure that all parties are aware of their rights, obligations, and the implications of the specific type of deed being used.A Westminster Colorado Special Warranty Deed from Two Individuals / Husband and Wife to an Individual is a legal document that transfers ownership of a property from a married couple (the granters) to an individual (the grantee). This type of deed offers limited guarantees from the granters, protecting against any defects or claims that may arise during their ownership of the property. The deed ensures that the granters have the legal right to transfer the property and guarantees the absence of any encumbrances, except those specifically stated in the deed. There are different variations of the Westminster Colorado Special Warranty Deed from Two Individuals / Husband and Wife to an Individual, each serving specific purposes. Some commonly known types include: 1. Westminster Colorado Special Warranty Deed with Survivorship: This variation of the special warranty deed includes a survivorship agreement, stating that in the event of one spouse’s death, the property automatically passes to the surviving spouse without the need for probate. 2. Westminster Colorado Special Warranty Deed with Life Estate: This type of special warranty deed includes a life estate provision, allowing one spouse to retain the right to live on the property until their death, after which ownership transfers to the grantee. 3. Westminster Colorado Special Warranty Deed without Partition: This form of special warranty deed restricts the grantee from dividing or partitioning the property without the consent of both spouses. This provision aims to ensure that the property remains intact as a single entity. 4. Westminster Colorado Special Warranty Deed with Mineral Rights Reservation: This variation of the special warranty deed grants ownership of the property to the grantee but reserves mineral rights to the granters. This means that the granters retain the rights to extract and profit from any mineral resources found on the property. It is crucial for both the granters and the grantee to fully understand the terms stated in the Westminster Colorado Special Warranty Deed. Legal advice should be sought to ensure that all parties are aware of their rights, obligations, and the implications of the specific type of deed being used.
