This form is a Special Warranty Deed where the Grantors are husband, wife and an individual 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 special warranty deed is a legal document commonly utilized in Lakewood, Colorado when transferring property ownership from a husband, wife, and an individual to another individual. This type of deed provides specific limited warranties and assurances varying from a general warranty deed. In Lakewood, Colorado, there are several types of special warranty deeds from a Husband, Wife, and an Individual to an Individual. These include: 1. Special Warranty Deed with Joint Tenancy: This deed transfers the property ownership to an individual while maintaining a joint tenancy. Joint tenancy signifies that both parties shared equal ownership rights and, in the event of one party's demise, the surviving owner automatically inherits the deceased owner's share. 2. Special Warranty Deed with Tenants in Common: This deed transfers the property ownership to an individual while creating a tenancy in common. Unlike joint tenancy, tenants in common can own unequal shares of the property, which can be inherited or sold separately. 3. Special Warranty Deed with Right of Survivorship: This type of deed allows property ownership to be transferred to an individual while establishing the right of survivorship. In the event of death, the property automatically passes to the surviving owner, bypassing the probate process. In a Lakewood, Colorado special warranty deed from a husband, wife, and an individual to an individual, essential details should be included: 1. The comprehensive and accurate legal description of the property being transferred is crucial. This includes information such as the lot of number, block number, subdivision name, address, or any other identification method specific to the property. 2. Clear identification of all parties involved is necessary. Full names, addresses, and marital status of the husband, wife, and individual transferring the property should be specified. 3. The consideration or value of the property being transferred should be given, demonstrating that the transfer is not a gift but an actual sales transaction. 4. A statement of the limited warranties being provided is vital. This includes the reference to the husband, wife, and individual being the lawful owners of the property, free from any encumbrances or claims during their ownership, except as otherwise mentioned in the deed. 5. The signatures of all parties involved, along with the date of execution, are mandatory. Signatures should be notarized to ensure the validity of the deed. It is crucial to consult an experienced real estate attorney or title company in Lakewood, Colorado, to prepare, review, and record the special warranty deed accurately. This ensures compliance with state laws and guarantees a smooth transfer of property ownership.A special warranty deed is a legal document commonly utilized in Lakewood, Colorado when transferring property ownership from a husband, wife, and an individual to another individual. This type of deed provides specific limited warranties and assurances varying from a general warranty deed. In Lakewood, Colorado, there are several types of special warranty deeds from a Husband, Wife, and an Individual to an Individual. These include: 1. Special Warranty Deed with Joint Tenancy: This deed transfers the property ownership to an individual while maintaining a joint tenancy. Joint tenancy signifies that both parties shared equal ownership rights and, in the event of one party's demise, the surviving owner automatically inherits the deceased owner's share. 2. Special Warranty Deed with Tenants in Common: This deed transfers the property ownership to an individual while creating a tenancy in common. Unlike joint tenancy, tenants in common can own unequal shares of the property, which can be inherited or sold separately. 3. Special Warranty Deed with Right of Survivorship: This type of deed allows property ownership to be transferred to an individual while establishing the right of survivorship. In the event of death, the property automatically passes to the surviving owner, bypassing the probate process. In a Lakewood, Colorado special warranty deed from a husband, wife, and an individual to an individual, essential details should be included: 1. The comprehensive and accurate legal description of the property being transferred is crucial. This includes information such as the lot of number, block number, subdivision name, address, or any other identification method specific to the property. 2. Clear identification of all parties involved is necessary. Full names, addresses, and marital status of the husband, wife, and individual transferring the property should be specified. 3. The consideration or value of the property being transferred should be given, demonstrating that the transfer is not a gift but an actual sales transaction. 4. A statement of the limited warranties being provided is vital. This includes the reference to the husband, wife, and individual being the lawful owners of the property, free from any encumbrances or claims during their ownership, except as otherwise mentioned in the deed. 5. The signatures of all parties involved, along with the date of execution, are mandatory. Signatures should be notarized to ensure the validity of the deed. It is crucial to consult an experienced real estate attorney or title company in Lakewood, Colorado, to prepare, review, and record the special warranty deed accurately. This ensures compliance with state laws and guarantees a smooth transfer of property ownership.