This form is a Special Warranty Deed where the Grantor is a Trust acting by and through a Trustee 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 Special Warranty Deed is a legal document used to transfer property ownership from a trust to an individual in Aurora, Colorado. It provides limited protection to the grantee (individual receiving the property) against any defects or claims that may have occurred during the time the property was held in the trust. Keywords: Aurora Colorado, Special Warranty Deed, trust, individual, property ownership, defects, claims There are two types of Special Warranty Deeds commonly used in Aurora, Colorado. 1. Aurora Colorado Special Warranty Deed from a Revocable Living Trust to an Individual: This type of Special Warranty Deed is used when a property is being transferred from a revocable living trust to an individual. A revocable living trust is created by an individual during their lifetime to manage their assets, including real estate. The granter of the trust (the individual who created the trust) can revoke or modify the trust at any time. When transferring the property through this type of deed, the granter assures the grantee that they have taken responsibility for any defects or claims that occurred only during the time the property was in the trust. 2. Aurora Colorado Special Warranty Deed from an Irrevocable Trust to an Individual: This type of Special Warranty Deed is used when a property is being transferred from an irrevocable trust to an individual. An irrevocable trust is created by an individual with restrictions on modifying or revoking it. The granter of the trust permanently transfers the property to the trust. When transferring the property through this type of deed, the granter assures the grantee that they have taken responsibility for any defects or claims that occurred only during the time the property was in the trust. In both types of Aurora Colorado Special Warranty Deeds, the granter guarantees that they have not encumbered the property with any undisclosed mortgages, liens, or claims that existed before the property was held in the trust. The grantee receives assurance that they are taking ownership of the property with limited protection against defects or claims, specifically related to only the granter's time of ownership through the trust. It is important to consult with a qualified attorney or real estate professional familiar with Aurora, Colorado, and its specific legal requirements when dealing with Special Warranty Deeds, to ensure a smooth and legally binding transfer of property ownership.A Special Warranty Deed is a legal document used to transfer property ownership from a trust to an individual in Aurora, Colorado. It provides limited protection to the grantee (individual receiving the property) against any defects or claims that may have occurred during the time the property was held in the trust. Keywords: Aurora Colorado, Special Warranty Deed, trust, individual, property ownership, defects, claims There are two types of Special Warranty Deeds commonly used in Aurora, Colorado. 1. Aurora Colorado Special Warranty Deed from a Revocable Living Trust to an Individual: This type of Special Warranty Deed is used when a property is being transferred from a revocable living trust to an individual. A revocable living trust is created by an individual during their lifetime to manage their assets, including real estate. The granter of the trust (the individual who created the trust) can revoke or modify the trust at any time. When transferring the property through this type of deed, the granter assures the grantee that they have taken responsibility for any defects or claims that occurred only during the time the property was in the trust. 2. Aurora Colorado Special Warranty Deed from an Irrevocable Trust to an Individual: This type of Special Warranty Deed is used when a property is being transferred from an irrevocable trust to an individual. An irrevocable trust is created by an individual with restrictions on modifying or revoking it. The granter of the trust permanently transfers the property to the trust. When transferring the property through this type of deed, the granter assures the grantee that they have taken responsibility for any defects or claims that occurred only during the time the property was in the trust. In both types of Aurora Colorado Special Warranty Deeds, the granter guarantees that they have not encumbered the property with any undisclosed mortgages, liens, or claims that existed before the property was held in the trust. The grantee receives assurance that they are taking ownership of the property with limited protection against defects or claims, specifically related to only the granter's time of ownership through the trust. It is important to consult with a qualified attorney or real estate professional familiar with Aurora, Colorado, and its specific legal requirements when dealing with Special Warranty Deeds, to ensure a smooth and legally binding transfer of property ownership.
