This form is a Warranty Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and warrant the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
In Orlando, Florida, a Warranty Deed from Husband and Wife to an Individual is a legal document used to transfer ownership of real property from a married couple to an individual, ensuring the property's title is clear and free from any past or future claims. This type of deed guarantees that the sellers, known as granters, have the legal right to sell the property and that they will defend against any claims on the property arising from previous owners. It provides the buyer, known as the grantee, with assurance that they are receiving a property with no undisclosed liens, encumbrances, or legal issues. The Orlando Florida Warranty Deed from Husband and Wife to an Individual offers several variations to meet specific requirements or circumstances. They include: 1. General Warranty Deed: This is the most common type of warranty deed, offering the broadest level of protection to the grantee. It conveys the property with a full warranty, providing assurances against any title defects or claims arising throughout the property's history. 2. Special Warranty Deed: Also known as a Limited Warranty Deed, this type of warranty deed provides a limited warranty against any claims arising only during the time the granters owned the property. It does not protect against any issues that may have existed before their ownership. 3. Quitclaim Deed: While not a warranty deed, a quitclaim deed is sometimes used in specific situations when a granter wishes to release their interest or claim in the property to the grantee, without providing any warranties or guarantees. It transfers the interest "as is," and the grantee assumes any potential risks associated with the property's title. When executing an Orlando Florida Warranty Deed from Husband and Wife to an Individual, it is crucial to consult with a qualified real estate attorney or title company to ensure compliance with local laws and regulations. This legal process requires careful consideration and thorough understanding protecting both the granters and the grantee's interests. In conclusion, an Orlando Florida Warranty Deed from Husband and Wife to an Individual is a legal document used to transfer property ownership from a married couple to an individual, assuring the grantee of a clear and unencumbered title. Various types of warranty deeds, including General Warranty Deeds, Special Warranty Deeds, and Quitclaim Deeds, offer different levels of protection and meet specific requirements. Seeking professional guidance during the process is crucial to ensure a smooth and legally binding transaction.
